2 / 5 Stars
3 3 5 2 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#44 in Short-Term Bond
U.S. News evaluated 120 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 0.57 percent over the past year, 1.55 percent over the past three years, 5.20 percent over the past five years, and 2.01 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.3%|
|3 Years (Annualized)||1.6%|
|5 Years (Annualized)||5.2%|
|10 Years (Annualized)||2.0%|
The investment seeks current income, preservation of capital and liquidity. The fund normally invests at least 80% of its assets in "investment grade" fixed income securities. Securities in which the fund invests include corporate debt securities, bank obligations, mortgage- and asset-backed securities and securities issued by the U.S. government and its agencies and instrumentalities. It may invest up to 25% of its assets in U.S. dollar denominated securities of non-U.S. issuers. The fund may also engage in a variety of transactions using derivatives in order to change the investment characteristics of its portfolio and for other purposes.
Fees are High compared to funds in the same category.
Western Asset Short-Term Bond Fund has an expense ratio of 0.79 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.