| Scorecard |
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4 / 5 Stars
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Lipper
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Zacks Investment Research
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Standard & Poor's
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TheStreet.com
C
(Hold)
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U.S. News evaluated 111 Short-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 4.28 percent over the past year, 4.05 percent over the past three years, and 4.77 percent over the past five years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 0.9% |
| 1 Year | 4.3% |
| 3 Years (Annualized) | 4.1% |
| 5 Years (Annualized) | 4.8% |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks to provide shareholders with a level of current income consistent with preservation of capital. Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in corporate bonds. It will primarily invest in debt securities with short- and intermediate-term maturities generally similar to those included in the fund's benchmark index. The fund may invest up to 15% of its net assets in securities rated below investment grade (i.e., junk bonds). Up to 25% of the fund's net assets may be invested in foreign investments, including emerging markets.
