3 / 5 Stars
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
U.S. News evaluated 53 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 0.34 percent over the past year, 0.62 percent over the past three years, 0.99 percent over the past five years, and 2.20 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.1%|
|3 Years (Annualized)||0.6%|
|5 Years (Annualized)||1.0%|
|10 Years (Annualized)||2.2%|
The investment seeks a stable real return in excess of the rate of inflation with a minimum of risk. The fund invests generally in a universe of high quality fixed income securities that typically mature in one year or less. It invests in U.S. government obligations, U.S. government agency obligations, dollar-denominated obligations of foreign issuers issued in the U.S., foreign government and agency obligations, bank obligations. The fund principally invests in certificates of deposit, commercial paper, bankers' acceptances, notes and bonds. It may concentrate its investments in obligations of U.S. and foreign banks and bank holding companies.
Fees are Low compared to funds in the same category.
DFA One Year Fixed Income Portfolio has an expense ratio of 0.17 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.
The fund's Value Line Overall Rank, a measure of risk-adjusted performance and relative growth in fund returns, is 3 on a scale of 1 to 5, with 1 being the best and 5 the worst.Value Line 2014-02-12
The fund's Value Line Growth Persistence rank, which awards funds that consistently outperform their broad universes, is 3 for one year, 5 for five years, and 4 for 10 years. Scores are on a 1 to 5 scale, with 1 being the best and 5 the worst.Value Line 2014-02-12
The fund's Value Line Risk Rank, a measure of volatility, is 1 on a scale of 1 to 5, with 1 being the least volatile and 5 the most.Value Line 2014-02-12