3 / 5 Stars
4 4 2 2 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#5 in Long-Term Bond
U.S. News evaluated 20 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 -3.77 percent over the past year, and 8.38 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.9%|
|3 Years (Annualized)||8.4%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks current income and its secondary investment objective is capital appreciation. The fund normally invests at least 80% of its net assets in taxable municipal obligations issued pursuant to the American Recovery and Reinvestment Act of 2009 (the "Act") or other legislation providing for the issuance of taxable municipal debt on which the issuer receives federal support. At least 65% of net assets normally will be invested in obligations that, at time of purchase, are rated A or better or, if unrated, are determined by the investment adviser to be of comparable quality.
Fees are Above Average compared to funds in the same category.
Eaton Vance Build America Bonds Fund has an expense ratio of 0.95 percent.
Risk is Average compared to funds in the same category according to Morningstar.