3 / 5 Stars
3 3 1 3 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
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 -8.74 percent over the past year, 3.63 percent over the past three years, 11.88 percent over the past five years, and 8.01 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-1.6%|
|3 Years (Annualized)||3.6%|
|5 Years (Annualized)||11.9%|
|10 Years (Annualized)||8.0%|
The investment seeks to maximize total return. Under normal circumstances, the fund invests at least 80% of its assets in fixed income securities issued by governments, government-related entities and corporations located in emerging markets and related investments. It may invest without limit in high yield debt securities and related investments rated below investment grade. Below investment grade securities are commonly referred to as "junk bonds." The fund may invest up to 50% of its assets in non-U.S. dollar denominated fixed income securities. It is non-diversified.
Fees are High compared to funds in the same category.
Western Asset Emerging Markets Debt Fund has an expense ratio of 0.85 percent.
Risk is Average compared to funds in the same category according to Morningstar.