1 / 5 Stars
3 3 1 1 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
1 / 5 Stars
#33 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 -16.29 percent over the past year, -0.23 percent over the past three years, and 7.73 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-5.8%|
|3 Years (Annualized)||-0.2%|
|5 Years (Annualized)||7.7%|
|10 Years (Annualized)||N/A|
The investment seeks a high level of total return consisting of income and capital appreciation. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in (i) sovereign and corporate debt securities and other instruments of issuers in emerging markets countries, denominated in the local currency of such emerging markets countries, and/or (ii) currencies of such emerging markets countries, which may be represented by forwards or other derivatives that may have interest rate exposure. It is non-diversified.
Fees are High compared to funds in the same category.
Goldman Sachs Local Emerging Markets Debt Fund has an expense ratio of 1.26 percent.
Risk is High compared to funds in the same category according to Morningstar.