3 / 5 Stars
5 5 1 3 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#9 in Long-Term Bond
U.S. News evaluated 30 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 0.54 percent over the past year, 10.75 percent over the past three years, and 10.18 percent over the past five years.
|Trailing Returns||Updated 05.31.2013|
|Year to date||-3.4%|
|3 Years (Annualized)||10.7%|
|5 Years (Annualized)||10.2%|
|10 Years (Annualized)||N/A|
The investment seeks to maximize total return, consistent with income generation and prudent investment management. The fund normally invests at least 80% of assets in bonds and maintains an average portfolio duration that is within 20% of the duration of the Barclays Long Government/Credit Index. It may invest up to 20% of its assets in any combination of non-investment grade bonds, non-dollar denominated bonds and bonds of emerging market issuers. The fund may buy or sell options or futures on a security or an index of securities, or enter into credit default swaps and interest rate or foreign currency transactions, including swaps.
Fees are High compared to funds in the same category.
BlackRock Long Duration Bond has an expense ratio of 0.85 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.