Parametric Absolute Return Fund

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.

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The fund has returned -0.75 percent over the past year, and 0.60 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 1.9%
1 Year -0.7%
3 Years (Annualized) 0.6%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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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 are Low compared to funds in the same category.
Parametric Absolute Return Fund has an expense ratio of 1.45 percent.

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Risk is Above Average compared to funds in the same category according to Morningstar.

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