2 / 5 Stars
2 2 3 4 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#25 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 1.17 percent over the past year, 3.05 percent over the past three years, and 5.27 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.7%|
|3 Years (Annualized)||3.1%|
|5 Years (Annualized)||5.3%|
|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. Under normal circumstances, it invests at least 40% (or, if IICO deems it warranted by market conditions, at least 30%) of its total assets in securities of non-U.S. issuers. The fund will allocate its assets among at least three different countries (one of which may be the United States).
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.