Compass EMP Ultra Short-Term Fixed Income Fund

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.

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Performance

The fund has returned 0.31 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 0.0%
1 Year 0.3%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks current income. Under normal market conditions, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) directly in fixed income instruments, which the fund defines to include domestic and foreign treasury bills and notes, commercial paper, corporate debt and other forms of indebtedness, with a remaining maturity of one year, or less. The dollar-weighted average fixed income maturity of the fund is expected to be 12 months or less and the credit quality of such securities to be primarily investment grade (defined as having a rating of BBB- and above).

Fees

Fees are Low compared to funds in the same category.
Compass EMP Ultra Short-Term Fixed Income Fund has an expense ratio of 0.55 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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