4 / 5 Stars
3 3 5 1 4
Zacks Investment Research
Standard & Poor's
3 / 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 4.35 percent over the past year, and 2.60 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||2.1%|
|3 Years (Annualized)||2.6%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to provide shareholders with capital preservation and income. The fund invests primarily in notes and certificates issued for payment by international financial institutions, foreign governments, and agencies of foreign governments in transactions structured to be compliant with the fund's ethical investment guidelines. It may also invest in unaffiliated funds located in the United States and other countries. These funds primarily invest in sukuk and other securities (such as wakala) that are consistent with the Adviser's ethical guidelines. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Azzad Wise Capital Fund has an expense ratio of 1.49 percent.
Risk is High compared to funds in the same category according to Morningstar.