1 / 5 Stars
1 1 4 2 3
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#87 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 2.33 percent over the past year, 2.32 percent over the past three years, -0.20 percent over the past five years, and 0.28 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.8%|
|3 Years (Annualized)||2.3%|
|5 Years (Annualized)||-0.2%|
|10 Years (Annualized)||0.3%|
The investment seeks above-average total return over a market cycle of three to five years. The fund normally invests 80% of its assets in fixed income securities. It invests primarily in U.S. government securities, investment grade corporate bonds and mortgage- and asset-backed securities. The fund will ordinarily seek to maintain an average duration similar to that of the Barclays Capital 1-3 Year U.S. Government/Credit Index, which generally ranges between zero and three years. It may, but it is not required to, use derivative instruments for a variety of purposes, including hedging, risk management, portfolio management or to earn income.
Fees are Low compared to funds in the same category.
Morgan Stanley Institutional Limited Duration Fund has an expense ratio of 0.63 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.