4 / 5 Stars
5 5 5 1 1
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#35 in Short-Term Bond
U.S. News evaluated 120 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 1.18 percent over the past year, 2.60 percent over the past three years, 4.51 percent over the past five years, and 3.97 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.6%|
|3 Years (Annualized)||2.6%|
|5 Years (Annualized)||4.5%|
|10 Years (Annualized)||4.0%|
The investment seeks to maximize income, to the extent consistent with preservation of capital, through investment in short-term bonds and income-producing securities. The fund typically invests at least 65% of its net assets in investment grade, U.S. dollar-denominated debt securities, as assessed at the time of purchase. It may invest up to 35% of its net assets in below-investment grade, high-yield debt securities (commonly known as "junk bonds"), including distressed securities that are in default. The fund may also invest up to 25% of its net assets in foreign debt securities. It is non-diversified.
Fees are High compared to funds in the same category.
Calvert Short Duration Income Fund has an expense ratio of 1.08 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.