PNC Ultra Short Bond

Scorecard
2 / 5 Stars
Lipper
---
Zacks Investment Research
3 (Hold)
Standard & Poor's
3 / 5 Stars
TheStreet.com
D+ (Sell)

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.

See all PNC Funds funds

See full Ultrashort Bond rankings

See more fund rankings

Performance

The fund has returned -0.02 percent over the past year, 0.10 percent over the past three years, 0.60 percent over the past five years, and 1.94 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 0.0%
1 Year -0.0%
3 Years (Annualized) 0.1%
5 Years (Annualized) 0.6%
10 Years (Annualized) 1.9%

See more PSBAX performance

Summary

The investment seeks to provide high current income while preserving capital. The fund primarily invests in a diversified portfolio of investment grade securities such as U.S. government securities, corporate bonds, asset-backed securities and mortgage-backed securities. The dollar-weighted average maturity of its portfolio is normally expected to be less than 18 months, but may vary outside that range from time to time, including due to market conditions or if deemed appropriate for temporary defensive purposes. Under normal circumstances, at least 80% of the fund's net assets plus any borrowings for investment purposes will be invested in debt securities.

Fees

Fees are Low compared to funds in the same category.
PNC Ultra Short Bond has an expense ratio of 0.62 percent.

See more PSBAX fees

Risk

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

See more PSBAX risk