1 / 5 Stars
2 2 1 2 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#25 in Emerging Markets Bond
U.S. News evaluated 77 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 9.94 percent over the past year, and 6.94 percent over the past three years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||2.6%|
|3 Years (Annualized)||6.9%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to maximize total return. The fund normally invests at least 80% of its net assets, plus any borrowing for investment purposes, in emerging market bonds and other debt instruments denominated in the local currency of issue, and in derivative instruments that provide investment exposure to such securities to pursue its goal. These instruments consist primarily of emerging market government bonds and currency forward exchange contracts. Its managers also consider other market technical and the global risk environment. It is non-diversified.
Fees are Low compared to funds in the same category.
Dreyfus Emerging Market Debt Local Currency Fund has an expense ratio of 1.22 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.