2 / 5 Stars
1 1 4 2 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#7 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 -0.31 percent over the past year, 2.35 percent over the past three years, and 3.69 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.9%|
|3 Years (Annualized)||2.3%|
|5 Years (Annualized)||3.7%|
|10 Years (Annualized)||N/A|
The investment seeks to provide high current income with capital appreciation. The fund invests primarily in fixed income securities such as corporate bonds, mortgage-backed securities and government and agency bonds and notes. These obligations may include U.S. dollar-denominated instruments issued in the U.S. by foreign banks and branches and foreign corporations. Normally, the fund will invest at least 80% of its assets in these types of instruments. It may invest up to 15% of its assets in illiquid securities, which are likely to consist primarily of debt securities and mortgages of churches, colleges, schools and other non-profit organizations.
Fees are Above Average compared to funds in the same category.
Steward Select Bond Fund has an expense ratio of 0.67 percent.
Risk is Low compared to funds in the same category according to Morningstar.