Not Scored in Long-Term Bond
U.S. News evaluated 31 Long-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
| Scorecard | |
|---|---|
| Morningstar | 3 / 5 Stars |
| Lipper | 4 4 1 3 1 |
| Zacks Investment Research | 1 (Strong Buy) |
| Standard & Poor's | --- |
| TheStreet.com | C+ (Hold) |
Fund Overview
The investment seeks a high level of current income and total return. The fund normally invests at least 80% of its net assets in preferred securities. It intends to invest at least 25% of its assets in the preferred securities of companies principally engaged in financial services. The fund normally invests at least 60% of its net assets in securities rated investment grade (BBB/Baa or higher). It may invest up to 40% of its net assets in securities rated below investment grade (BB/Ba or lower). The fund may invest up to 35% of its net assets in U.S. dollar-denominated securities issued by non-U.S. companies. It is non-diversified.
| Trailing Returns | Updated 03.31.2012 |
|---|---|
| Year to date | 10.9% |
| 1 Year | 6.3% |
| 3 Years (Annualized) | 34.5% |
| 5 Years (Annualized) | 4.8% |
| 10 Years (Annualized) |
Performance
The fund has returned 6.29 percent over the past year, 34.45 percent over the past three years, and 4.84 percent over the past five years.
Hypothetical Growth of $10,000
Updated 03.31.2012
Holdings
Asset Allocation
| % Long | % Short | % Net | |
|---|---|---|---|
| Cash | 0.01 | 0.0 | 0.01 |
| Stocks | 3.45 | 0.0 | 3.45 |
| Bonds | 29.62 | 0.0 | 29.62 |
| Other | 0.17 | 0.62 | -0.44 |
| Foreign Bonds | 7.18 | 0.0 | 7.18 |
| Foreign Stocks | 7.51 | 0.0 | 7.51 |
| Convertible | 0.0 | 0.0 | 0.0 |
| Preferred | 52.68 | 0.0 | 52.68 |
Updated 01.31.2012
Top Holdings
Performance as of 03.31.2012
Portfolio as of 01.31.2012
| % Net Assets | |
|---|---|
| Jpmorgan Chase FRN | 5.32 |
| Metlife Cap Tr X 144A FRN | 5.13 |
| Wells Fargo & Co New FRN | 4.9 |
| Liberty Mut Grp 144A FRN | 4.01 |
| Cobank Acb Pfd 144A | 3.79 |
Fees
Nuveen Preferred Securities Fund has an expense ratio of 1.03 percent.
