3 / 5 Stars
5 5 5 1 1
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#15 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 3.42 percent over the past year, 3.06 percent over the past three years, and 3.85 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.9%|
|3 Years (Annualized)||3.1%|
|5 Years (Annualized)||3.8%|
|10 Years (Annualized)||N/A|
The investment seeks to achieve a high level of current income. The fund normally invests at least 80% of net assets in debt securities that are rated investment grade at the time of purchase or cash and cash equivalents. It normally maintains a dollar-weighted average portfolio maturity of no more than three years. The fund may invest up to 10% of net assets in below-investment grade securities. It may invest up to 20% of total assets in securities of non-U.S. issuers, including up to 5% of total assets in debt securities of emerging market issuers.
Fees are Low compared to funds in the same category.
Pioneer Short Term Income Fund has an expense ratio of 0.90 percent.
Risk is Average compared to funds in the same category according to Morningstar.