Hatteras Long / Short Debt Fund

U.S. News evaluated 75 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Hatteras Funds funds

See full Nontraditional Bond rankings

See more fund rankings

Performance

The fund has returned 5.28 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 1.1%
1 Year 5.3%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more HFIAX performance

Summary

The investment seeks to achieve total return through current income, capital preservation and capital appreciation. As a mutual fund of funds, the fund pursues its investment objective by investing primarily in a portfolio of one or more affiliated investment companies (such as the Relative Value - Long/Short Debt Portfolio) (the "underlying funds"). It invests its assets in the underlying funds consistent with its objective of achieving total return through current income, capital preservation and capital appreciation. The fund may also invest in other non-affiliated investment companies primarily including exchange-traded funds ("ETFs").

Fees

Fees are High compared to funds in the same category.
Hatteras Long / Short Debt Fund has an expense ratio of 2.99 percent.

See more HFIAX fees

Risk

Risk is N/A compared to funds in the same category according to Morningstar.

See more HFIAX risk