3 / 5 Stars
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 55 Ultrashort 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 0.46 percent over the past year, and 0.90 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.2%|
|3 Years (Annualized)||0.9%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to generate regular income and minimize fluctuations in fund value while maintaining a high level of liquidity. The fund normally invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in bonds. It will primarily invest in investment-grade fixed income securities (BBB rated minimum at the time of purchase), securities of the U.S. government, and its agencies and instrumentalities. Under normal circumstances, the duration of the fund will be one year or less.
Fees are Low compared to funds in the same category.
Aberdeen Ultra-Short Duration Bond Fund has an expense ratio of 0.40 percent.
Risk is Average compared to funds in the same category according to Morningstar.