3 / 5 Stars
4 3 4 5 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#18 in World Bond
U.S. News evaluated 98 World 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 4.70 percent over the past year, 4.86 percent over the past three years, 5.97 percent over the past five years, and 4.91 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||4.8%|
|3 Years (Annualized)||4.9%|
|5 Years (Annualized)||6.0%|
|10 Years (Annualized)||4.9%|
The investment seeks to maximize current income, consistent with the protection of principal. The fund normally invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in non-U.S. dollar-denominated fixed income instruments. It invests primarily in investment grade debt securities, but may invest up to 15% of its total assets in non-investment grade securities. The fund's average portfolio duration, as calculated by the Sub-adviser, normally ranges within two years (plus or minus) of the duration of the benchmark index. It is non-diversified.
Fees are Low compared to funds in the same category.
Consulting Group International Fixed-Income Investments has an expense ratio of 0.69 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.