4 / 5 Stars
4 3 1 2 3
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#3 in Emerging Markets Bond
U.S. News evaluated 96 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 -2.39 percent over the past year, 5.30 percent over the past three years, and 16.27 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||-1.1%|
|3 Years (Annualized)||5.3%|
|5 Years (Annualized)||16.3%|
|10 Years (Annualized)||N/A|
The investment seeks high total return. The fund invests at least 80% of its net assets in debt securities of "emerging market countries." Emerging market countries generally include those considered to be developing by the World Bank. It generally invests in debt securities issued by sovereign and subsovereign government entities. The fund may invest up to a 100% of its assets in debt securities that are rated below investment grade. It may also invest up to 15% of its net assets in defaulted debt securities. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Franklin Templeton Emerging Market Debt Opportunity Fund has an expense ratio of 1.00 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.