3 / 5 Stars
2 2 5 5 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 128 Short-Term 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 1.21 percent over the past year, 1.15 percent over the past three years, 2.03 percent over the past five years, and 2.90 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||0.6%|
|3 Years (Annualized)||1.1%|
|5 Years (Annualized)||2.0%|
|10 Years (Annualized)||2.9%|
The investment seeks income and capital growth. Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in fixed-income securities. It will only buy debt securities that are determined by the Manager to be investment grade at the time of purchase. Under normal circumstances, the fund seeks to maintain a duration of one to three years.
Fees are Low compared to funds in the same category.
American Beacon Short Term Bond Fund has an expense ratio of 0.38 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.