| Scorecard |
|---|
|
5 / 5 Stars
|
|
Lipper
4
4
1
1
1
|
|
Zacks Investment Research
2
(Buy)
|
|
Standard & Poor's
---
|
|
TheStreet.com
C-
(Hold)
|
U.S. News evaluated 59 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 7.63 percent over the past year, 7.07 percent over the past three years, and 9.91 percent over the past five years.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 2.2% |
| 1 Year | 7.6% |
| 3 Years (Annualized) | 7.1% |
| 5 Years (Annualized) | 9.9% |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks to maximize total return (capital appreciation and income). The fund invests primarily in a portfolio of municipal bonds, corporate bonds, notes and other debentures, U.S. Treasury and Agency securities, sovereign debt, emerging markets debt, floating rate or zero coupon securities and non-convertible preferred securities that are actively traded in the public markets. It may also invest a substantial portion of its assets in interest rate swaps, credit default swaps, total return swaps, futures and options and other derivative instruments. The fund is non-diversified.
Fees
Fees are Low compared to funds in the same category.
Forward Credit Analysis Long/Short Fund has an expense ratio of 1.64 percent.
Risk
Risk is High compared to funds in the same category according to Morningstar.
