2 / 5 Stars
1 1 5 5 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#28 in Multisector Bond
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 2.70 percent over the past year, 2.61 percent over the past three years, and 4.76 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||1.2%|
|3 Years (Annualized)||2.6%|
|5 Years (Annualized)||4.8%|
|10 Years (Annualized)||N/A|
The investment seeks capital appreciation and income. The fund invests primarily in a diversified portfolio of investment grade and non-investment grade fixed-income securities (junk bonds), including: (i) securities issued or guaranteed by the U.S. government and its agencies and instrumentalities and obligations of U.S. and foreign commercial banks; (ii) obligations of foreign governments; (iii) U.S. and foreign corporate debt securities; and (iv) securitized issues such as mortgage-backed securities, asset-backed securities, commercial mortgage-backed securities and collateralized debt obligations.
Fees are Low compared to funds in the same category.
SEI Institutional Managed Enhanced Income Fund has an expense ratio of 0.60 percent.
Risk is Low compared to funds in the same category according to Morningstar.