| Scorecard |
|---|
|
4 / 5 Stars
|
|
Lipper
4
4
1
1
1
|
|
Zacks Investment Research
1
(Strong Buy)
|
|
Standard & Poor's
---
|
|
TheStreet.com
D
(Sell)
|
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 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% |
| 1 Year | 8.0% |
| 3 Years (Annualized) | 6.5% |
| 5 Years (Annualized) | N/A |
| 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.
