4 / 5 Stars
4 5 4 1 1
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 80 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 8.99 percent over the past year, and 8.23 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||7.7%|
|3 Years (Annualized)||8.2%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks current income and overall total return. The fund's advisers allocate its assets among three principal strategies: Tactical Closed-end Fund Income strategy, Core Fixed Income strategy, and Opportunistic Income strategy. The amount allocated to each of the principal strategies may change depending on the adviser's assessment of market risk, security valuations, market volatility, and the prospects for earning income and total return. There is no set minimum for any strategy. The amount allocated to any individual strategy may be between 0% and 100%.
Fees are Low compared to funds in the same category.
RiverNorth Doubleline Strategic Income Fund has an expense ratio of 1.14 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.