3 / 5 Stars
3 2 4 4 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#154 in Intermediate-Term Bond
U.S. News evaluated 322 Intermediate-Term 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 0.93 percent over the past year, 4.50 percent over the past three years, 6.54 percent over the past five years, and 4.66 percent over the past decade.
|Trailing Returns||Updated 05.31.2013|
|Year to date||-0.9%|
|3 Years (Annualized)||4.5%|
|5 Years (Annualized)||6.5%|
|10 Years (Annualized)||4.7%|
The investment seeks to provide high total return. The fund primarily invests at least 80% of its net assets (plus any borrowings for investment purposes) in high grade U.S. dollar-denominated debt obligations of domestic corporations and the U.S. government, its agencies or instrumentalities. It may also invest up to 20% of its net assets in investment grade securities (securities rated BBB by S&P, BAA by Moody's, or unrated equivalent). The portfolio management team anticipates that the fund will maintain an average weighted maturity of 6 to 8 years.
Fees are High compared to funds in the same category.
Bishop Street High Grade Income Fund has an expense ratio of 0.76 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.