3 / 5 Stars
4 3 3 5 2
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#19 in World Bond
U.S. News evaluated 99 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 -0.86 percent over the past year, 4.78 percent over the past three years, 6.05 percent over the past five years, and 4.41 percent over the past decade.
|Trailing Returns||Updated 03.31.2014|
|Year to date||2.7%|
|3 Years (Annualized)||4.8%|
|5 Years (Annualized)||6.1%|
|10 Years (Annualized)||4.4%|
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.