| Scorecard |
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Lipper
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Zacks Investment Research
5
(Strong Sell)
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Standard & Poor's
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TheStreet.com
C-
(Hold)
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U.S. News evaluated 53 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 4.07 percent over the past year.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | -1.6% |
| 1 Year | 4.1% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks total return. The fund pursues its investment objective principally by writing a series of call and put option spread combinations on the S&P 500 Composite Stock Price Index, a broad-based U.S. stock market index, and/or another proxy for the S&P 500 Index. It expects to maintain a dollar-weighted average effective maturity of one year or less.
Fees
Fees are Low compared to funds in the same category.
Parametric Absolute Return Fund has an expense ratio of 1.54 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
