3 / 5 Stars
2 2 4 5 5
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 86 Nontraditional 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 2.16 percent over the past year, 3.14 percent over the past three years, 5.29 percent over the past five years, and 3.64 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||0.9%|
|3 Years (Annualized)||3.1%|
|5 Years (Annualized)||5.3%|
|10 Years (Annualized)||3.6%|
The investment seeks to generate current income consistent with preservation of capital. The fund invests at least 80% of its net assets in fixed-income securities and derivatives related to fixed-income securities. It invests in a portfolio that includes fixed-income securities of U.S. and non-U.S. companies and U.S. and non-U.S. government securities and supranational entities, including lower-rated securities. The fund may invest in debt securities with a range of maturities from short- to long-term. It expects that its average portfolio duration will vary normally from negative 3 years to positive 7 years.
Fees are Low compared to funds in the same category.
AllianceBern Unconstrained Bond Fund has an expense ratio of 1.60 percent.
Risk is Average compared to funds in the same category according to Morningstar.