4 / 5 Stars
4 4 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 5.22 percent over the past year, and 4.62 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||2.9%|
|3 Years (Annualized)||4.6%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks a high level of current income; capital appreciation is a secondary objective. Normally, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in debt securities. For purposes of satisfying the 80% requirement, it may invest in derivative instruments that have economic characteristics similar to such debt securities.
Fees are Low compared to funds in the same category.
Pioneer Dynamic Credit Fund has an expense ratio of 1.93 percent.
Risk is Average compared to funds in the same category according to Morningstar.