5 / 5 Stars
3 3 3 1 1
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 120 World Allocation 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 16.78 percent over the past year, 9.63 percent over the past three years, 13.60 percent over the past five years, and 9.60 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||7.4%|
|3 Years (Annualized)||9.6%|
|5 Years (Annualized)||13.6%|
|10 Years (Annualized)||9.6%|
The investment seeks to provide a level of current income which exceeds the average yield on U.S. stocks; long-term capital appreciation is a secondary objective. The fund normally invests at least 80% of assets in income producing securities, and at least 50% in common stocks. It may invest in any stock or other equity security, including smaller companies with market capitalization of less than $500 million and companies in developing countries and also including preferred stock, publicly traded real estate investment trusts, other equity trusts and partnership interests.
Fees are Low compared to funds in the same category.
Thornburg Investment Income Builder Fund has an expense ratio of 1.49 percent.
Risk is Average compared to funds in the same category according to Morningstar.