4 / 5 Stars
5 5 3 3 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#17 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 4.49 percent over the past year, 3.88 percent over the past three years, and 5.72 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.4%|
|3 Years (Annualized)||3.9%|
|5 Years (Annualized)||5.7%|
|10 Years (Annualized)||N/A|
The investment seeks to deliver a high level of current income, with a secondary objective of capital appreciation. The fund expects to achieve its objectives by investing in a portfolio of investment grade debt securities and non-investment grade (also known as "junk bonds") debt securities, both domestic and foreign. Fixed income securities in which the fund may invest include foreign and domestic bonds, notes, corporate debt, government securities, strips and municipal securities. The fund's effective average duration will normally be three years or less.
Fees are High compared to funds in the same category.
Leader Short Term Bond Fund has an expense ratio of 1.47 percent.
Risk is High compared to funds in the same category according to Morningstar.