Federated Unconstrained Bond Fund

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.

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Performance

The fund has returned -4.34 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date -1.9%
1 Year -4.3%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to provide high total returns. The fund invests primarily across the domestic and international fixed-income markets represented by the following sectors: domestic investment-grade, domestic noninvestment-grade corporate bonds, and international without regard to credit quality. It may invest up to 100% of total assets in investments rated below investment grade, including high yield bonds and emerging market debt. The fund may also invest in derivative contracts or hybrid instruments.

Fees

Fees are Low compared to funds in the same category.
Federated Unconstrained Bond Fund has an expense ratio of 1.19 percent.

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Risk

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

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