Altegris Fixed Income Long Short Fund

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.

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Performance

The fund has returned 10.83 percent over the past year.

Trailing Returns Updated 06.30.2014
Year to date 5.6%
1 Year 10.8%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to achieve total return and to achieve this objective through a combination of current income and capital appreciation. The fund will invest, under normal circumstances, at least 80% of its net assets in both long and short positions in fixed income securities of domestic and foreign issuers or counterparties. It may invest in debt securities of any maturity or credit quality, including those rated below investment grade ("high yield securities" or "junk bonds"). The fund is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Altegris Fixed Income Long Short Fund has an expense ratio of 2.24 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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