2 / 5 Stars
2 2 5 3 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#52 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 1.35 percent over the past year, 1.22 percent over the past three years, 2.32 percent over the past five years, and 2.82 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||0.5%|
|3 Years (Annualized)||1.2%|
|5 Years (Annualized)||2.3%|
|10 Years (Annualized)||2.8%|
The investment seeks high current income, while preserving capital. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in a diversified portfolio of short- to medium-term investment grade U.S. Treasury, corporate debt, mortgage-backed and asset-backed securities. It will normally maintain an effective maturity of 3 years or less. The fund may invest in foreign securities, which at times may be significant. It may invest a portion of its assets in securities that are restricted as to resale.
Fees are Low compared to funds in the same category.
RidgeWorth Short Term Bond Fund has an expense ratio of 0.78 percent.
Risk is Average compared to funds in the same category according to Morningstar.