3 / 5 Stars
3 3 5 4 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 86 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 0.84 percent over the past year, and 3.59 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||2.6%|
|3 Years (Annualized)||3.6%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks total return. The fund invests normally at least 80% of its net assets, plus borrowings for investment purposes, in a diversified portfolio of fixed income instruments of varying maturities, which may be represented by derivatives such as options, forwards and futures contracts, or swap agreements. It intends to utilize various investment strategies in a broad array of fixed income sectors to achieve its investment objective. The fund will not be constrained by management against an index. The average portfolio duration of this fund will normally vary from negative three (-3.0) years to positive eight (8.0) years.
Fees are Low compared to funds in the same category.
Harbor Unconstrained Bond Fund has an expense ratio of 1.05 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.