2 / 5 Stars
2 2 4 3 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#73 in Short-Term Bond
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.
The fund has returned 2.65 percent over the past year, 2.50 percent over the past three years, 2.15 percent over the past five years, and 1.95 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.6%|
|3 Years (Annualized)||2.5%|
|5 Years (Annualized)||2.1%|
|10 Years (Annualized)||1.9%|
The investment seeks the highest available current income consistent with liquidity and low risk to principal; total return is a secondary goal. The fund normally invests at least 80% of its net assets in bonds and other debt securities. It invests mainly in investment-grade bonds and other debt securities from U.S. government and corporate issuers. These may include mortgage- and asset-backed securities. The fund may invest up to 10% of its net assets in securities that are below investment grade. It may also invest a significant amount of its assets in U.S. Treasury securities or other money market instruments depending on market conditions.
Fees are Low compared to funds in the same category.
Lehman Brothers Income Funds Short Duration Bond Fund has an expense ratio of 0.70 percent.
Risk is High compared to funds in the same category according to Morningstar.