4 / 5 Stars
3 4 5 2 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#5 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 1.58 percent over the past year, and 7.21 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.5%|
|3 Years (Annualized)||7.2%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to purchase undervalued fixed-income assets and achieve investment returns through interest income and potential capital appreciation. The fund invests at least 80% of its net assets in fixed-income instruments. "Fixed-income instruments" include bonds, debt securities and other fixed-income instruments issued by various U.S. government or private-sector entities. The fund may also invest a portion of its assets in derivative instruments, including futures contracts, options and swaps as a substitute for taking positions in fixed-income instruments or to reduce exposure to other risks.
Fees are Below Average compared to funds in the same category.
Performance Trust Strategic Bond Fund has an expense ratio of 0.95 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.