2 / 5 Stars
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Zacks Investment Research
Standard & Poor's
U.S. News evaluated 75 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 -2.81 percent over the past year, and 0.83 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.4%|
|3 Years (Annualized)||0.8%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks consistent positive returns throughout various fixed income market cycles. Under normal market conditions, the fund invests (long or short) at least 80% of its assets in fixed income securities. It invests without restriction as to issuer capitalization, credit quality (including in lower-rated fixed income securities known as high yield or junk bonds) or country and without restriction as to a security's maturity, currency or structural features, such as an issuer's right to prepay. The fund is non-diversified.
Fees are High compared to funds in the same category.
Bandon Isolated Alpha Fixed Income Fund has an expense ratio of 2.20 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.