1 / 5 Stars
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Zacks Investment Research
Standard & Poor's
2 / 5 Stars
U.S. News evaluated 21 Multicurrency 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 0.84 percent over the past year, -3.80 percent over the past three years, -0.03 percent over the past five years, and 2.31 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||0.7%|
|3 Years (Annualized)||-3.8%|
|5 Years (Annualized)||-0.0%|
|10 Years (Annualized)||2.3%|
The investment seeks current income and capital appreciation. The fund invests primarily in fixed-income securities, primarily with short-term maturities, issued by governments and governmental agencies of developed countries, including the United States, as well as other countries with sound economic and financial systems. The dollar-weighted average maturity of its portfolio of debt securities will be less than 18 months. The fund will invest 70% or more of its portfolio in non-U.S. dollar-denominated investments and gold-related investments, which may be denominated in U.S. dollars. It is non-diversified.
Fees are Low compared to funds in the same category.
Federated Prudent DollarBear Fund has an expense ratio of 2.04 percent.
Risk is Average compared to funds in the same category according to Morningstar.