4 / 5 Stars
4 2 2 2 3
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#3 in Emerging Markets Bond
U.S. News evaluated 91 Emerging Markets Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -2.29 percent over the past year, and 5.25 percent over the past three years.
|Trailing Returns||Updated 11.30.2013|
|Year to date||-3.1%|
|3 Years (Annualized)||5.2%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks high total return from current income and capital appreciation. The fund intends to invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in fixed income instruments. It may invest, without limitation, in fixed income instruments of any credit quality. The fund may invest up to 20% of its net assets in defaulted corporate securities. The portfolio manager intends to seek to construct an investment portfolio with a weighted average effective duration of no less than two years and no more than eight years.
Fees are High compared to funds in the same category.
DoubleLine Emerging Markets Fixed Income Fund has an expense ratio of 0.91 percent.
Risk is Low compared to funds in the same category according to Morningstar.