Corporate America Short Duration Fund

Class Inst (CASDX)

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.

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Performance

The fund has returned 2.64 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date 0.7%
1 Year 2.6%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to provide high current income to the extent consistent with the preservation of capital and the maintenance of liquidity. The fund invests primarily in permissible floating rate obligations with a minimum rating at the time of purchase in one of the two highest rating categories (i.e., rated AA or Aa, or higher) by a nationally recognized statistical rating organization or unrated and considered by the Adviser to be of comparable quality and securities issued, backed or otherwise guaranteed by the U.S. government, or its agencies. Its average portfolio duration is not expected to exceed 3.5 years. The fund is non-diversified.

Fees

Fees are Low compared to funds in the same category.
Corporate America Short Duration Fund has an expense ratio of 0.40 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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See Also:

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