3 / 5 Stars
3 3 2 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
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 -2.90 percent over the past year, and 8.11 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.5%|
|3 Years (Annualized)||8.1%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks current income and capital appreciation is the secondary objective. The fund normally invests at least 80% of net assets in taxable municipal obligations issued pursuant to the American Recovery and Reinvestment Act of 2009 or other legislation providing for the issuance of taxable municipal debt on which the issuer receives federal support. It may invest up to 20% of net assets in debt obligations other than Build America Bonds, including taxable municipal obligations that do not qualify for federal support, U.S. Treasury securities and obligations of the U.S. government, its agencies and instrumentalities.
Fees are High compared to funds in the same category.
Eaton Vance Build America Bonds Fund has an expense ratio of 1.70 percent.
Risk is Average compared to funds in the same category according to Morningstar.