| Scorecard |
|---|
|
4 / 5 Stars
|
|
Lipper
5
5
3
2
2
|
|
Zacks Investment Research
2
(Buy)
|
|
Standard & Poor's
3 / 5 Stars
|
|
TheStreet.com
C
(Hold)
|
#66 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.
Performance
The fund has returned 6.48 percent over the past year, 7.60 percent over the past three years, 7.45 percent over the past five years, and 5.07 percent over the past decade.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 2.3% |
| 1 Year | 6.5% |
| 3 Years (Annualized) | 7.6% |
| 5 Years (Annualized) | 7.5% |
| 10 Years (Annualized) | 5.1% |
Summary
The investment seeks generation of current income. The fund normally invests at least 80% of its net assets plus borrowings for investment purposes, if any, in investment-grade, debt securities or synthetic or other instruments that have similar economic characteristics to investment-grade debt securities. It primarily invests in U.S. corporate bonds, U.S. government or agency securities and mortgage-backed and asset-backed securities that are of investment grade quality. The fund's portfolio duration will typically be within two years of the fund's benchmark, the Barclays Capital U.S. Government/ Credit Bond Index (the "Benchmark").
Fees
Fees are Above Average compared to funds in the same category.
Forward Investment Grade Fixed Income Fund has an expense ratio of 0.83 percent.
Risk
Risk is Above Average compared to funds in the same category according to Morningstar.
