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Lipper
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Zacks Investment Research
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Standard & Poor's
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TheStreet.com
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U.S. News evaluated 53 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 3.82 percent over the past year.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 0.8% |
| 1 Year | 3.8% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks to provide shareholders with positive (absolute) returns. The fund invests at least 80% of its assets in long and short positions in sovereign debt obligations, currencies and/or interest rates of emerging market countries. It 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. Additionally, the fund may invest up to 20% of its assets in positions in debt securities, currencies or interest rates of non-emerging market countries. It is non-diversified.
Fees
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
Risk is N/A compared to funds in the same category according to Morningstar.
