3 / 5 Stars
2 1 5 2 4
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#84 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 -0.09 percent over the past year, 1.67 percent over the past three years, 2.96 percent over the past five years, and 3.34 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.5%|
|3 Years (Annualized)||1.7%|
|5 Years (Annualized)||3.0%|
|10 Years (Annualized)||3.3%|
The investment seeks to provide current income consistent with preservation of capital. The fund invests primarily in investment grade, U.S. dollar-denominated, debt securities of primarily U.S. issuers. It seeks to identify relative value opportunities between these sectors of the fixed-income market. Under normal circumstances, the fund invests at least 80% of its net assets in bonds with limited-term maturities; therefore, it seeks to maintain a dollar-weighted average maturity of not less than two years and not more than five years.
Fees are High compared to funds in the same category.
Ivy Limited Term Bond Fund has an expense ratio of 0.88 percent.
Risk is Average compared to funds in the same category according to Morningstar.