3 / 5 Stars
3 4 2 1 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#23 in Multisector Bond
U.S. News evaluated 80 Multisector 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 8.49 percent over the past year, 5.55 percent over the past three years, 9.07 percent over the past five years, and 7.20 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||5.2%|
|3 Years (Annualized)||5.5%|
|5 Years (Annualized)||9.1%|
|10 Years (Annualized)||7.2%|
The investment seeks a high level of current income. The fund allocates the portfolio among three categories of fixed-income investments: domestic investment-grade (including, but not limited to, U.S. government, mortgage-backed and corporate), domestic noninvestment-grade corporate (also known as junk bonds and leveraged loans) and foreign investments (both investment-grade and non-investment grade, including, but not limited to, government and corporate investments traded in both emerging and developed markets, and trade finance).
Fees are Low compared to funds in the same category.
Federated Strategic Income Fund has an expense ratio of 1.26 percent.
Risk is Average compared to funds in the same category according to Morningstar.