3 / 5 Stars
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
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 -0.28 percent over the past year, 5.60 percent over the past three years, 11.23 percent over the past five years, and 5.12 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.2%|
|3 Years (Annualized)||5.6%|
|5 Years (Annualized)||11.2%|
|10 Years (Annualized)||5.1%|
The investment seeks high current income. The fund normally invests in a globally diverse portfolio of fixed income securities. It normally invests in at least three countries (one of which may be the United States) and will invest at least 35% of its assets in foreign securities. The dollar-weighted average effective duration of the fund's portfolio, as estimated by the fund's subadviser, is normally expected to be between 0 and 10 years.
Fees are High compared to funds in the same category.
Western Asset Global Strategic Income Fund has an expense ratio of 1.87 percent.
Risk is Average compared to funds in the same category according to Morningstar.