3 / 5 Stars
3 3 3 2 2
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 4.91 percent over the past year, and 3.71 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||3.1%|
|3 Years (Annualized)||3.7%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to maximize total return. The fund normally invests in a diverse portfolio of fixed-income securities. It invests at least 80% of assets in bonds and related investments and maintains an average portfolio duration of three years or less. The fund may invest in securities of any credit rating (including unrated securities) and may invest without limit in higher risk, below-investment-grade debt securities. It normally maintains an average portfolio duration of approximately three years or less. However, the fund may invest in securities of any duration and maturity.
Fees are Low compared to funds in the same category.
John Hancock Funds Short Duration Credit Opportunities Fund has an expense ratio of 1.21 percent.
Risk is Average compared to funds in the same category according to Morningstar.