3 / 5 Stars
3 3 5 2 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#69 in Short-Term Bond
U.S. News evaluated 122 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 0.48 percent over the past year, 1.55 percent over the past three years, 3.47 percent over the past five years, and 2.98 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.4%|
|3 Years (Annualized)||1.5%|
|5 Years (Annualized)||3.5%|
|10 Years (Annualized)||3.0%|
The investment seeks to provide a high risk-adjusted return while focusing on the preservation of capital. The fund invests in securities through an underlying master fund having the same investment goals and strategies. It normally invests primarily in high quality debt securities with short and intermediate maturities. The fund normally invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in high quality bonds and other investments with similar economic characteristics. The dollar-weighted average effective maturity of the fund generally does not exceed three years under normal circumstances.
Fees are Low compared to funds in the same category.
Transamerica Partners Institutional High Quality Bond Fund has an expense ratio of 0.65 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.