3 / 5 Stars
3 3 5 2 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
4 / 5 Stars
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 1.89 percent over the past year, 1.66 percent over the past three years, 2.70 percent over the past five years, and 3.16 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||1.2%|
|3 Years (Annualized)||1.7%|
|5 Years (Annualized)||2.7%|
|10 Years (Annualized)||3.2%|
The investment seeks a high level of current income consistent with preservation of capital. The fund invests primarily in investment-grade securities, including corporate bonds, mortgage-backed and asset-backed securities, and obligations of the U.S. government and its agencies. It tends to have an average duration within a range of one to three years and an average maturity between one and three years. The fund normally invests at least 80% of its net assets in debt securities. It may also invest up to 20% of the value of its net assets in foreign securities denominated in foreign currencies.
Fees are Low compared to funds in the same category.
RS Low Duration Bond Fund has an expense ratio of 0.61 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.