2 / 5 Stars
5 5 1 3 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
4 / 5 Stars
#18 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 -12.57 percent over the past year, and 1.40 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-4.1%|
|3 Years (Annualized)||1.4%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to provide high total return from current income and capital appreciation. The fund invests at least 80% of the value of its net assets in debt securities issued or guaranteed by non-financial companies, financial institutions and government entities in Emerging Market Countries denominated in the local currencies of the issuer, and in derivative instruments that provide investment exposure to such securities. It may, but is not required to, hedge its exposure to non-U.S. currencies. The fund may invest in securities that are unrated or rated BB or lower by S&P, or Ba or lower by Moody's. It is non-diversified.
Fees are High compared to funds in the same category.
TCW Emerging Markets Local Currency Income Fund has an expense ratio of 0.90 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.