3 / 5 Stars
3 3 5 5 3
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
4 / 5 Stars
#31 in Short-Term Bond
U.S. News evaluated 128 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, 1.79 percent over the past three years, 2.59 percent over the past five years, and 3.14 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||0.9%|
|3 Years (Annualized)||1.8%|
|5 Years (Annualized)||2.6%|
|10 Years (Annualized)||3.1%|
The investment seeks to maximize total return (capital appreciation and income) with minimal reasonable risk. The fund normally invests at least 80% of its net assets in bonds and other fixed-income securities. Although the fund primarily invests in investment grade domestic debt obligations, it may invest to a limited extent in obligations of foreign issuers and in junk bonds. The fund's dollar-weighted average maturity, under normal circumstances, will range between one and three years.
Fees are Low compared to funds in the same category.
Northern Short Bond Fund has an expense ratio of 0.40 percent.
Risk is Average compared to funds in the same category according to Morningstar.