3 / 5 Stars
1 1 1 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 77 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 -13.31 percent over the past year, 2.53 percent over the past three years, and 8.68 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||3.1%|
|3 Years (Annualized)||2.5%|
|5 Years (Annualized)||8.7%|
|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, variable rate demand notes including tender option bonds, floating rate or zero coupon securities and nonconvertible preferred securities that are actively traded in the public markets. It may invest in derivatives to seek to achieve investment returns consistent with the fund's investment objective and for hedging purposes. The fund is non-diversified.
Fees are High compared to funds in the same category.
Forward Credit Analysis Long/Short Fund has an expense ratio of 1.99 percent.
Risk is High compared to funds in the same category according to Morningstar.