1 / 5 Stars
1 2 3 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
1 / 5 Stars
#237 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.
The fund has returned 3.44 percent over the past year, 3.78 percent over the past three years, and 3.13 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||1.0%|
|3 Years (Annualized)||3.8%|
|5 Years (Annualized)||3.1%|
|10 Years (Annualized)||N/A|
The investment seeks high appreciation on an annual basis consistent with a high tolerance for risk. The fund will invest at least 80% of its net assets (plus any borrowing for investment purposes) in fixed-income securities indirectly through securities that invest in or are a derivative of fixed-income securities, including exchange-traded funds ("ETFs"), other closed-end and open-end investment companies and derivative securities. It may gain exposure to fixed-income securities by using futures contracts, forward contracts, options and swap agreements, and may invest up to 50% of its assets in short positions. The fund is non-diversified.
Fees are High compared to funds in the same category.
Direxion Evolution Managed Bond Fund has an expense ratio of 1.75 percent.
Risk is Average compared to funds in the same category according to Morningstar.