3 / 5 Stars
3 3 5 4 3
Zacks Investment Research
Standard & Poor's
3 / 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 2.04 percent over the past year, 1.56 percent over the past three years, 3.44 percent over the past five years, and 2.84 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||1.3%|
|3 Years (Annualized)||1.6%|
|5 Years (Annualized)||3.4%|
|10 Years (Annualized)||2.8%|
The investment seeks a high level of current income consistent with stability of principal. The fund normally invests at least 80% of its net assets in debt securities or preferred stock in at least the "Baa" major rating category by Moody's or at least in the "BBB" major rating category by S&P or unrated securities considered to be of comparable quality by the fund's adviser. The principal strategies of the fund are to invest in investment-grade corporate bonds, government bonds, mortgage-backed securities and asset-backed securities. The dollar-weighted average effective maturity for the fund is expected to be less than three years.
Fees are Low compared to funds in the same category.
Thrivent Limited Maturity Bond Fund has an expense ratio of 0.60 percent.
Risk is Average compared to funds in the same category according to Morningstar.