4 / 5 Stars
4 4 3 1 4
Zacks Investment Research
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 6.97 percent over the past year, 4.99 percent over the past three years, and 8.08 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||3.3%|
|3 Years (Annualized)||5.0%|
|5 Years (Annualized)||8.1%|
|10 Years (Annualized)||N/A|
The investment seeks to maximize total return. The fund seeks to attain its investment objective by strategically adjusting the portfolio's market exposure, typically to fixed income markets, including high yield securities and cash. The fund's adviser, IRON Financial, LLC, employs a top down approach that includes a review of fundamental and quantitative factors to determine the desired economic exposure at any given time. This total return approach strives to earn interest income on securities held in the fund's portfolio and to generate capital appreciation through strategic adjustments of the fund's assets.
Fees are Low compared to funds in the same category.
Iron Strategic Income Fund has an expense ratio of 1.49 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.