1 / 5 Stars
3 2 5 4 3
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 2.38 percent over the past year, and 1.74 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||2.3%|
|3 Years (Annualized)||1.7%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to provide shareholders with positive (absolute) returns. Under normal circumstances, the fund pursues its investment objective by investing at least 80% of its net assets (including the amount of any borrowings for investment purposes) in long and short positions in sovereign debt obligations, currencies and/or interest rates of emerging market countries. The fund may invest directly in debt of emerging market countries, including sovereign and quasi-sovereign (e.g., government agencies or instrumentalities) debt, denominated in the local or other foreign currencies or the U.S. dollar. It is non-diversified.
Fees are Low compared to funds in the same category.
Columbia Absolute Ret Emg Mkts Mcr Fund has an expense ratio of 1.48 percent.
Risk is Average compared to funds in the same category according to Morningstar.