3 / 5 Stars
2 2 5 4 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#72 in Short-Term Bond
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 -0.16 percent over the past year, 2.14 percent over the past three years, 4.16 percent over the past five years, and 3.35 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.6%|
|3 Years (Annualized)||2.1%|
|5 Years (Annualized)||4.2%|
|10 Years (Annualized)||3.3%|
The investment seeks to maximize total return, consisting of income and capital appreciation, consistent with the preservation of principal. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in fixed income securities. Its emphasis is on total return with low volatility by investing primarily in shorter-term investment grade securities. The fund invests in a diversified mix of taxable fixed income securities. The Adviser actively manages the maturity of the fund and purchases securities which will, on average, mature in less than 5 years.
Fees are Low compared to funds in the same category.
Frost Low Duration Bond Fund has an expense ratio of 0.77 percent.
Risk is Average compared to funds in the same category according to Morningstar.