PIA Short Term Securities Fund

Class No Load (PIASX)
Scorecard
3 / 5 Stars
Lipper
1 1 5 5 5
Zacks Investment Research
4 (Sell)
Standard & Poor's
4 / 5 Stars
TheStreet.com
C- (Hold)

#5 in Ultrashort Bond

U.S. News evaluated 48 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 0.30 percent over the past year, 0.56 percent over the past three years, 1.23 percent over the past five years, and 2.21 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 0.1%
1 Year 0.3%
3 Years (Annualized) 0.6%
5 Years (Annualized) 1.2%
10 Years (Annualized) 2.2%

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Summary

The investment seeks a high level of current income, consistent with low volatility of principal through investing in short-term investment grade debt securities. The Short-Term Fund is a diversified investment company that normally invests at least 80% of its net assets in short-term securities having a duration of less than three years. Under normal market conditions, it purchases securities rated BBB or better by a nationally recognized rating agency. It primarily invests in securities issued or guaranteed by the U.S. Government and its agencies, investment grade mortgage-backed securities and investment grade debt securities.

Fees

Fees are Low compared to funds in the same category.
PIA Short Term Securities Fund has an expense ratio of 0.35 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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See Also:

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