4 / 5 Stars
1 1 5 5 5
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#3 in Ultrashort Bond
U.S. News evaluated 56 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 0.62 percent over the past year, 1.40 percent over the past three years, 3.76 percent over the past five years, and 2.43 percent over the past decade.
|Trailing Returns||Updated 03.31.2014|
|Year to date||0.2%|
|3 Years (Annualized)||1.4%|
|5 Years (Annualized)||3.8%|
|10 Years (Annualized)||2.4%|
The investment seeks to maximize current income. The fund invests (except when maintaining a temporary defensive position) at least 80% of the value of its net assets in a diversified portfolio of debt securities of varying maturities, including bonds, notes and other similar fixed income instruments issued by governmental or private sector issuers. It may invest up to 10% of its total assets in high yield/below investment grade securities ("junk bonds") or unrated securities. The fund may invest, without limitation, in derivative instruments such as options, futures and swap agreements.
Fees are Low compared to funds in the same category.
TCW Short Term Bond Fund has an expense ratio of 0.44 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.