3 / 5 Stars
5 3 3 2 3
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 5 Stars
#34 in Multisector Bond
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 9.35 percent over the past year, 7.83 percent over the past three years, and 9.21 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||2.1%|
|3 Years (Annualized)||7.8%|
|5 Years (Annualized)||9.2%|
|10 Years (Annualized)||N/A|
The investment seeks high current income with a secondary objective of long-term capital appreciation. The fund invests primarily in a diversified mix of fixed rate and floating rate debt securities. It may invest in debt securities across the credit spectrum, including investment grade securities, below investment grade securities and unrated securities, and may invest without limit in below investment grade securities. The fund normally will not invest more than 25% of its total assets at the time of investment in obligations of issuers in emerging market countries. It does not have a target average duration.
Fees are Average compared to funds in the same category.
Neuberger Berman Strategic Income Fund has an expense ratio of 1.15 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.