3 / 5 Stars
2 2 5 5 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 122 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 0.70 percent over the past year, 1.35 percent over the past three years, 2.44 percent over the past five years, and 2.81 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.4%|
|3 Years (Annualized)||1.4%|
|5 Years (Annualized)||2.4%|
|10 Years (Annualized)||2.8%|
The investment seeks income and capital growth. The fund normally invests at least 80% of its net assets in obligations of the U.S. government, its agencies and instrumentalities. It seeks capital appreciation by investing in corporate issues whose relative value is expected to increase over time. The fund seeks to maintain duration of one to three years. It may also invest cash balances in other investment companies to gain market exposure on cash balances or reduce market exposure in anticipation of liquidity needs.
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 Low compared to funds in the same category according to Morningstar.