4 / 5 Stars
5 5 1 4 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#14 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 7.59 percent over the past year, 6.32 percent over the past three years, and 9.43 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||8.2%|
|3 Years (Annualized)||6.3%|
|5 Years (Annualized)||9.4%|
|10 Years (Annualized)||N/A|
The investment seeks to maximize total return consisting of income and capital appreciation. The fund normally invests at least 80% of its net assets in fixed income securities of issuers located in developed market countries. It will invest in both investment grade and below investment grade fixed income securities, and intends to invest less than 35% of its net assets in below investment grade fixed income securities (commonly known as "high yield debt" or "junk bonds"). The fund may invest up to 25% of its net assets in convertible debt securities. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Legg Mason BW Global Opportunities Bond Fund has an expense ratio of 0.95 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.