1 / 5 Stars
3 3 1 2 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
4 / 5 Stars
#24 in Emerging Markets Bond
U.S. News evaluated 94 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 -12.87 percent over the past year, 0.02 percent over the past three years, and 7.30 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-5.5%|
|3 Years (Annualized)||0.0%|
|5 Years (Annualized)||7.3%|
|10 Years (Annualized)||N/A|
The investment seeks to maximize total return. To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings 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. These instruments consist primarily of emerging market government bonds and currency forward exchange contracts. The fund's portfolio managers employ an investment process that uses in depth fundamental country and currency analysis disciplined by proprietary quantitative valuation models. It is non-diversified.
Fees are High compared to funds in the same category.
Dreyfus Emerging Markets Debt Local Currency Fund has an expense ratio of 1.24 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.