World Bond

World bond portfolios invest 40% or more of their assets in foreign bonds. Some world bond portfolios follow a conservative approach, favoring high-quality bonds from developed markets. Others are more adventurous, and own some lower-quality bonds from developed or emerging markets. Some portfolios invest exclusively outside the U.S., while others regularly invest in both U.S. and non-U.S. bonds. Morningstar®

#1 GMO Currency Hedged International Bond Fund (GMHBX)

Performance (1-yr.): 14.60% Expenses: 0.43%
Performance (1-mo.): 2.58% Total Assets: $72.42M
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#2 Legg Mason BW Global Opportunities Bond Fund (GOBSX)

Performance (1-yr.): 11.43% Expenses: 0.64%
Performance (1-mo.): 3.42% Total Assets: $3.29B
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#3 PIMCO Foreign Bond Fund (U.S. Dollar-Hedged) (PFOAX)

Performance (1-yr.): 9.82% Expenses: 0.90%
Performance (1-mo.): 0.72% Total Assets: $5.99B
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#4 Consulting Group International Fixed-Income Investments (TIFUX)

Performance (1-yr.): 7.44% Expenses: 0.64%
Performance (1-mo.): 0.96% Total Assets: $348.44M
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#4 PIMCO Global Bond (USD-Hedged) Fund (PAIIX)

Performance (1-yr.): 8.25% Expenses: 0.90%
Performance (1-mo.): 1.00% Total Assets: $581.86M
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#6 Templeton Global Total Return Fund (TGTRX)

Performance (1-yr.): 14.92% Expenses: 1.05%
Performance (1-mo.): 2.20% Total Assets: $6.42B
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#7 Templeton Global Bond Fund (TPINX)

Performance (1-yr.): 11.61% Expenses: 0.90%
Performance (1-mo.): 1.94% Total Assets: $70.86B
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#8 GuideStone Funds Global Bond Fund (GGBFX)

Performance (1-yr.): 9.50% Expenses: 0.85%
Performance (1-mo.): 1.99% Total Assets: $247.51M
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#9 GMO Global Bond Fund (GMGBX)

Performance (1-yr.): 7.69% Expenses: 0.43%
Performance (1-mo.): 1.65% Total Assets: $166.29M
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#10 Legg Mason BW International Opportunities Bond Fund (LMOTX)

Performance (1-yr.): 12.71% Expenses: 0.65%
Performance (1-mo.): 4.07% Total Assets: $44.87M
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Top Performing World Bond Funds as of 05.03.2013

Chou Income Fund (CHOIX)

Total Return: 36.19%

Templeton Global Total Return Fund (TGTRX)

Total Return: 14.92%

GMO Currency Hedged International Bond Fund (GMHBX)

Total Return: 14.60%

Legg Mason BW Global Opportunities Bond Fund (GOBSX)

Total Return: 10.86%

GMO Global Bond Fund (GMGBX)

Total Return: 9.47%

GMO Currency Hedged International Bond Fund (GMHBX)

Total Return: 9.42%

* annualized