1 / 5 Stars
1 1 5 4 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#39 in Multisector Bond
U.S. News evaluated 82 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 0.79 percent over the past year, and 1.95 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.9%|
|3 Years (Annualized)||2.0%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks total return in excess of that of its benchmark, the Citigroup 3 Month Treasury Bill Index. Under normal circumstances, the fund invests directly and indirectly (e.g., through other GMO Funds or derivatives) at least 80% of its assets in bonds. It is permitted to invest in bonds of any kind (e.g., bonds of any maturity, duration, or credit quality). The fund may invest in any sector of the bond market and is not required to maintain a minimum or maximum allocation of investments in any one sector. It is non-diversified.
Fees are Low compared to funds in the same category.
GMO Asset Allocation Bond Fund has an expense ratio of 0.31 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.