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Lipper
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Zacks Investment Research
5
(Strong Sell)
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Standard & Poor's
3 / 5 Stars
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TheStreet.com
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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.
Performance
The fund has returned 2.07 percent over the past year.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 0.4% |
| 1 Year | 2.1% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks to provide higher current income than that typically offered by a money market fund while maintaining a high degree of liquidity and a correspondingly higher risk of principal volatility. Under normal circumstances, the fund invests at least 80% of its total assets in investment grade U.S. dollar-denominated debt instruments. The primary derivatives used by it are futures contracts, options, interest rate swaps and credit default swaps. In addition, the fund may invest in futures contracts, options, swaps and other similar instruments.
Fees
Fees are Low compared to funds in the same category.
SIIT Ultra Short Duration Bond Fund has an expense ratio of 0.16 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
