4 / 5 Stars
4 4 2 5 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#30 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 1.70 percent over the past year, 6.18 percent over the past three years, 12.40 percent over the past five years, and 5.90 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.5%|
|3 Years (Annualized)||6.2%|
|5 Years (Annualized)||12.4%|
|10 Years (Annualized)||5.9%|
The investment seeks a high level of current income consistent with prudent risk to capital. The fund normally invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in debt securities, including: U.S. government securities; residential and commercial mortgage-backed securities; asset-backed securities; domestic and foreign corporate debt obligations; and debt obligations of foreign governments. It may invest up to 30% of its total assets in non-U.S. dollar denominated debt obligations of foreign corporations and governments.
Fees are Above Average compared to funds in the same category.
Nuveen Strategic Income Fund has an expense ratio of 0.84 percent.
Risk is High compared to funds in the same category according to Morningstar.