3 / 5 Stars
1 1 5 3 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#7 in Ultrashort Bond
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 1.46 percent over the past year, 2.16 percent over the past three years, 3.89 percent over the past five years, and 2.35 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.2%|
|3 Years (Annualized)||2.2%|
|5 Years (Annualized)||3.9%|
|10 Years (Annualized)||2.3%|
The investment seeks to provide current income consistent with total return. The fund invests at least 80% of assets, determined at the time of purchase, in debt securities. It may invest in investment-grade and non-investment grade debt securities of US and foreign issuers, including issuers located in countries with new or emerging securities markets. The fund's investments in non-investment grade debt securities will be limited to 50% of its total assets. It may hold up to 20% of its total assets in cash or money market instruments.
Fees are High compared to funds in the same category.
DWS Ultra Short Duration Fund has an expense ratio of 0.95 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.