4 / 5 Stars
4 3 1 4 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 5 Stars
#7 in Long-Term Bond
U.S. News evaluated 18 Long-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 -7.14 percent over the past year, 7.24 percent over the past three years, and 10.26 percent over the past five years.
|Trailing Returns||Updated 11.30.2013|
|Year to date||-6.4%|
|3 Years (Annualized)||7.2%|
|5 Years (Annualized)||10.3%|
|10 Years (Annualized)||N/A|
The investment seeks to maximize total return, consistent with income generation and prudent investment management. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in investment grade bonds and investments that are the economic equivalent of investment grade bonds. It maintains an average portfolio duration that is between 0 and 10 years. The fund may invest up to 20% of its net assets (plus any borrowings for investment purposes) in any combination of non-investment grade instruments (commonly known as "high yield" or "junk" bonds) and non-U.S. dollar-denominated instruments.
Fees are Above Average compared to funds in the same category.
BlackRock Investment Grade Bond has an expense ratio of 0.85 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.