4 / 5 Stars
2 2 5 2 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#33 in Short-Term Bond
U.S. News evaluated 110 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 3.41 percent over the past year, 3.20 percent over the past three years, 4.08 percent over the past five years, and 3.20 percent over the past decade.
|Trailing Returns||Updated 05.31.2013|
|Year to date||0.8%|
|3 Years (Annualized)||3.2%|
|5 Years (Annualized)||4.1%|
|10 Years (Annualized)||3.2%|
The investment seeks to maximize total return in a manner consistent with the generation of current income, preservation of capital, and reduced price volatility. The fund normally intends to invest primarily all, but must invest at least 80%, of its assets in fixed income securities. It seeks to maintain a dollar-weighted average portfolio maturity of one to five years under normal market conditions, and is expected to be somewhat less volatile than the Tributary Income fund. The fund may invest up to 20% of its assets in fixed income securities rated below investment grade, but no lower than a B rating by an NRSRO at the time of purchase.
Fees are Average compared to funds in the same category.
Tributary Short-Intermediate Bond Fund has an expense ratio of 0.84 percent.
Risk is Average compared to funds in the same category according to Morningstar.