4 / 5 Stars
4 5 1 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 3.99 percent over the past year, 3.45 percent over the past three years, 4.88 percent over the past five years, and 4.11 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||2.3%|
|3 Years (Annualized)||3.4%|
|5 Years (Annualized)||4.9%|
|10 Years (Annualized)||4.1%|
The investment seeks to provide a high level of total return, including a competitive level of current income, while limiting fluctuations in net asset value due to changes in interest rates. The fund seeks current income with an emphasis on maintaining low volatility and overall short duration (within a range of 1-3 years) by investing primarily in higher quality, more liquid securities across 14 fixed income sectors. Under normal circumstances, it invests at least 80% of its assets in fixed income debt obligations of various types of issuers.
Fees are Low compared to funds in the same category.
Virtus Low Duration Income Fund has an expense ratio of 0.95 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.