2 / 5 Stars
1 1 4 4 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#31 in World Bond
U.S. News evaluated 91 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 5.52 percent over the past year, 4.06 percent over the past three years, and 4.35 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||1.9%|
|3 Years (Annualized)||4.1%|
|5 Years (Annualized)||4.4%|
|10 Years (Annualized)||N/A|
The investment seeks to provide a high level of current income; capital appreciation is a secondary objective. The fund invests during normal circumstances, at least 80% of its net assets in a diversified portfolio of bonds of foreign and U.S. issuers. Although the fund invests, primarily, in investment grade securities, it may invest up to 100% of its total assets in non-investment grade bonds, commonly called junk bonds, primarily of foreign issuers, that include bonds rated BB+ or lower.
Fees are Low compared to funds in the same category.
Ivy Global Bond Fund has an expense ratio of 0.99 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.