2 / 5 Stars
4 5 3 5 1
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 79 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 9.26 percent over the past year, 8.10 percent over the past three years, and 6.34 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||3.3%|
|3 Years (Annualized)||8.1%|
|5 Years (Annualized)||6.3%|
|10 Years (Annualized)||N/A|
The investment seeks total return in excess of that of its benchmark, the J.P. Morgan U.S. 3 Month Cash Index. The fund normally invests directly and indirectly at least 80% of its assets in fixed income securities (see "Name Policies"). It is permitted to invest in fixed income securities of any kind (e.g., fixed income securities of any maturity, duration or credit quality). The fund may invest in any sector of the fixed income 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 Strategic Fixed Income Fund has an expense ratio of 0.29 percent.
Risk is Average compared to funds in the same category according to Morningstar.