CNI Charter Intermediate Fixed Income Fund

Class Other (RIMCX)
Scorecard
2 / 5 Stars
Lipper
1 1 4 5 4
Zacks Investment Research
3 (Hold)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C (Hold)

#145 in Intermediate-Term Bond

U.S. News evaluated 320 Intermediate-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 6.47 percent over the past year, 5.55 percent over the past three years, 4.69 percent over the past five years, and 4.01 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 2.3%
1 Year 6.5%
3 Years (Annualized) 5.6%
5 Years (Annualized) 4.7%
10 Years (Annualized) 4.0%

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Summary

The investment seeks current income and, to the extent consistent with this goal, capital appreciation. The fund invests at least 80% of its net assets in fixed income securities. Its investments in fixed income securities consist primarily of fixed rate and variable rate corporate debt obligations, debt obligations of the U.S. government and its agencies, bank obligations, commercial paper, repurchase agreements and Eurodollar obligations. The fund seeks to have an average portfolio maturity and duration between three and ten years, as such debt obligations generally pay a higher rate of current income than shorter maturity debt obligations.

Fees

Fees are Above Average compared to funds in the same category.
CNI Charter Intermediate Fixed Income Fund has an expense ratio of 1.13 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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