5 / 5 Stars
5 5 5 1 2
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#4 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 5.64 percent over the past year, 5.65 percent over the past three years, 6.24 percent over the past five years, and 4.74 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||1.3%|
|3 Years (Annualized)||5.6%|
|5 Years (Annualized)||6.2%|
|10 Years (Annualized)||4.7%|
The investment seeks as high a level of current income as the adviser believes is consistent with safety of capital; reducing changes in its share prices compared to longer term portfolios is a secondary goal. The fund invests at least 65% of its net assets in (i) obligations of the U.S. government, its agencies and instrumentalities, and (ii) debt obligations rated at the time of purchase. It maintains a portfolio of investments with a dollar-weighted average maturity or expected life normally less than five years.
Fees are Low compared to funds in the same category.
Thornburg Limited Term Income Fund has an expense ratio of 0.93 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.