Not Scored in Nontraditional Bond
U.S. News evaluated 41 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
| Scorecard | |
|---|---|
| Morningstar | 2 / 5 Stars |
| Lipper | 2 2 5 5 3 |
| Zacks Investment Research | --- |
| Standard & Poor's | --- |
| TheStreet.com | E (Sell) |
Fund Overview
The investment seeks to earn a positive total return that exceeds the rate of inflation by 300 basis points (or 3.00%) over a reasonable period of time regardless of market conditions. The fund is designed to pursue a consistent absolute return through a broadly diversified portfolio reflecting uncorrelated fixed-income strategies designed to exploit market inefficiencies across global markets and fixed-income sectors. The adviser typically uses derivatives, such as futures, options, certain foreign currency transactions, warrants and swap contracts, for both hedging and non-hedging purposes.
| Trailing Returns | Updated 03.31.2012 |
|---|---|
| Year to date | 3.4% |
| 1 Year | -3.0% |
| 3 Years (Annualized) | 3.1% |
| 5 Years (Annualized) | |
| 10 Years (Annualized) |
Performance
The fund has returned -2.97 percent over the past year, and 3.12 percent over the past three years.
Hypothetical Growth of $10,000
Updated 03.31.2012
Holdings
Asset Allocation
| % Long | % Short | % Net | |
|---|---|---|---|
| Cash | 47.26 | 36.48 | 10.78 |
| Stocks | 0.0 | 0.0 | 0.0 |
| Bonds | 85.35 | 2.06 | 83.29 |
| Other | 6.04 | 8.97 | -2.93 |
| Foreign Bonds | 32.6 | 23.74 | 8.86 |
| Foreign Stocks | 0.0 | 0.0 | 0.0 |
| Convertible | 0.0 | 0.0 | 0.0 |
| Preferred | 0.0 | 0.0 | 0.0 |
Updated 12.31.2011
Top Holdings
Performance as of 03.31.2012
Portfolio as of 12.31.2011
| % Net Assets | |
|---|---|
| FNMA | 29.22 |
| Mbx.Fn30.650.67 P Usl1m R 01/12/38 Bc | 12.53 |
| Mbx.Fn30.500.10 R Usl1m P 01/12/41 Bc | 11.0 |
| Putnam Money Market Liquidity P | 4.32 |
| FHLMC CMO | 3.02 |
Fees
Putnam Absolute Return 300 Fund has an expense ratio of 0.87 percent.
