4 / 5 Stars
5 5 5 4 1
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#6 in Intermediate-Term Bond
U.S. News evaluated 280 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 1.55 percent over the past year, 4.93 percent over the past three years, 8.32 percent over the past five years, and 5.51 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.9%|
|3 Years (Annualized)||4.9%|
|5 Years (Annualized)||8.3%|
|10 Years (Annualized)||5.5%|
The investment seeks to maximize current income, consistent with preservation of capital. The fund normally invests at least 90% of net assets in fixed-income securities rated investment grade or unrated securities that are determined by the Adviser to be of similar quality. Up to 10% of its net assets may be invested in securities rated below investment grade. The portfolio duration is one to six years and the dollar-weighted average maturity ranges from three to seven years. The fund invests in the U.S. and abroad, including emerging markets and may purchase securities of varying maturities issued by domestic and foreign corporations and governments.
Fees are Average compared to funds in the same category.
Metropolitan West Intermediate Bond Fund has an expense ratio of 0.44 percent.
Risk is Low compared to funds in the same category according to Morningstar.