2 / 5 Stars
4 4 5 1 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 273 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 7.95 percent over the past year, 5.74 percent over the past three years, 6.77 percent over the past five years, and 3.73 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||5.6%|
|3 Years (Annualized)||5.7%|
|5 Years (Annualized)||6.8%|
|10 Years (Annualized)||3.7%|
The investment seeks to provide current income. The fund normally invests, under normal market conditions, at least 80% of its assets (net assets, plus the amount of any borrowing for investment purposes) in investment grade fixed-income securities. It may, without limitation, seek to obtain exposure to the securities in which it primarily invests through a variety of investment vehicles, principally closed-end funds, exchange-traded funds ("ETFs") and other mutual funds. The fund may invest up to 20% of its assets in preferred stock.
Fees are Above Average compared to funds in the same category.
Guggenheim Investment Grade Bond Fund has an expense ratio of 1.04 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.