3 / 5 Stars
4 4 2 5 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#10 in Multisector Bond
U.S. News evaluated 83 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 2.51 percent over the past year, 5.71 percent over the past three years, 10.01 percent over the past five years, and 6.40 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.0%|
|3 Years (Annualized)||5.7%|
|5 Years (Annualized)||10.0%|
|10 Years (Annualized)||6.4%|
The investment seeks to earn a high level of current income; capital appreciation is a secondary consideration. Under normal market conditions, the fund invests at least 65% of its assets in U.S. and foreign debt securities, including those in emerging markets. It shifts its investments among various classes of debt securities and at any given time may have a substantial amount of its assets invested in any class of debt security. The fund may invest up to 100% of its assets in high yield, lower-quality debt securities (also known as "junk bonds").
Fees are Below Average compared to funds in the same category.
Franklin Strategic Income Fund has an expense ratio of 0.87 percent.
Risk is Average compared to funds in the same category according to Morningstar.