4 / 5 Stars
4 4 1 1 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
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.
The fund has returned 8.00 percent over the past year, and 6.49 percent over the past three years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||2.2%|
|3 Years (Annualized)||6.5%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
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 are Low compared to funds in the same category.
Forward Credit Analysis Long/Short Fund has an expense ratio of 1.64 percent.
Risk is High compared to funds in the same category according to Morningstar.