4 / 5 Stars
4 4 1 5 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#5 in World Bond
U.S. News evaluated 97 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 3.13 percent over the past year, 5.45 percent over the past three years, 11.28 percent over the past five years, and 4.83 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||4.1%|
|3 Years (Annualized)||5.4%|
|5 Years (Annualized)||11.3%|
|10 Years (Annualized)||4.8%|
The investment seeks total return in excess of that of its benchmark, the J.P. Morgan GBI Global. The fund's investment program has two principal components. One component seeks to replicate the fund's benchmark. The second component seeks to add value relative to the fund's benchmark by taking positions that may not be related to its benchmark. Under normal circumstances, the fund invests directly and indirectly (e.g., through other GMO Funds or derivatives) at least 80% of its assets in bonds. It is non-diversified.
Fees are Low compared to funds in the same category.
GMO Global Bond Fund has an expense ratio of 0.39 percent.
Risk is Average compared to funds in the same category according to Morningstar.