3 / 5 Stars
3 1 5 1 1
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#1 in Preferred Stock
U.S. News evaluated 7 Preferred Stock 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 4.23 percent over the past year, 10.06 percent over the past three years, 27.18 percent over the past five years, and 5.11 percent over the past decade.
|Trailing Returns||Updated 03.31.2014|
|Year to date||7.3%|
|3 Years (Annualized)||10.1%|
|5 Years (Annualized)||27.2%|
|10 Years (Annualized)||5.1%|
The investment seeks high current income and potential for modest long-term growth of capital. The fund invests at least 80% of its net assets plus borrowings for investment purposes, if any, in income-producing securities. It invests at least 80% of its net assets plus borrowings for investment purposes, if any, in income-producing securities. The fund may invest a significant portion of its assets in preferred stock. It may invest in securities of companies having any capitalization and of any credit quality, and may invest in debt securities of any maturity. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Forward Select Income Fund has an expense ratio of 1.62 percent.
Risk is Average compared to funds in the same category according to Morningstar.