3 / 5 Stars
3 2 5 2 5
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#19 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 8.26 percent over the past year, 2.81 percent over the past three years, 2.69 percent over the past five years, and 2.50 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||4.3%|
|3 Years (Annualized)||2.8%|
|5 Years (Annualized)||2.7%|
|10 Years (Annualized)||2.5%|
The investment seeks to earn high current income. In pursuit of its investment objective, under normal market conditions, the fund invests at least 80% of its net assets in bonds, which may include debt securities of all types and of any maturity. The fund may invest in bonds with a range of maturities from short- to long-term and does not attempt to maintain any pre-set average portfolio maturity or duration. Its duration will vary, depending on the investment adviser's forecast of interest rates and its assessment of market risks generally. The fund may invest in both "investment grade" and "below investment grade" bonds.
Fees are Low compared to funds in the same category.
Permanent Portfolio Versatile Bond Portfolio has an expense ratio of 0.82 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.