3 / 5 Stars
4 4 5 3 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#27 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 1.61 percent over the past year, 2.19 percent over the past three years, 4.09 percent over the past five years, and 2.97 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.3%|
|3 Years (Annualized)||2.2%|
|5 Years (Annualized)||4.1%|
|10 Years (Annualized)||3.0%|
The investment seeks to provide investors with current income while maintaining a high degree of principal stability. The fund normally invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in bonds, such as: U.S. government securities, which are securities issued or guaranteed by the U.S. government or its agencies or instrumentalities; residential and commercial mortgage-backed securities; asset-backed securities; corporate debt obligations, including obligations issued by special-purpose entities that are backed by corporate debt obligations; and municipal securities.
Fees are Below Average compared to funds in the same category.
Nuveen Short Term Bond Fund has an expense ratio of 0.71 percent.
Risk is Average compared to funds in the same category according to Morningstar.