| Scorecard |
|---|
|
4 / 5 Stars
|
|
Lipper
1
1
5
4
5
|
|
Zacks Investment Research
5
(Strong Sell)
|
|
Standard & Poor's
4 / 5 Stars
|
|
TheStreet.com
C-
(Hold)
|
#30 in Short-Term Bond
U.S. News evaluated 110 Short-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 0.50 percent over the past year, 2.34 percent over the past three years, 3.65 percent over the past five years, and 3.48 percent over the past decade.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | -0.4% |
| 1 Year | 0.5% |
| 3 Years (Annualized) | 2.3% |
| 5 Years (Annualized) | 3.7% |
| 10 Years (Annualized) | 3.5% |
Summary
The investment seeks to obtain the highest total investment return within the policy limitations of (1) investing in bonds and money market instruments rated A or better, and (2) maintaining a dollar weighted average maturity of ten years or less. The fund invests in a broad range of corporate debt securities, obligations of the U.S. Government and its agencies, and money market instruments. It will invest at least 80% of its net assets (including borrowings for investment purposes) in higher quality bond issues and, therefore, intends to maintain an overall portfolio quality rating of A.
Fees
Fees are Below Average compared to funds in the same category.
Madison High Quality Bond Fund has an expense ratio of 0.49 percent.
Risk
Risk is Above Average compared to funds in the same category according to Morningstar.
