4 / 5 Stars
5 5 1 2 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
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 -3.17 percent over the past year, 5.11 percent over the past three years, and 10.91 percent over the past five years.
|Trailing Returns||Updated 11.30.2013|
|Year to date||-4.7%|
|3 Years (Annualized)||5.1%|
|5 Years (Annualized)||10.9%|
|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. The fund may invest in bond futures, interest rate futures, swaps, and credit default swaps. It normally holds a portfolio of fixed income securities of issuers located in a minimum of six countries. The fund is non-diversified.
Fees are High compared to funds in the same category.
Legg Mason BW Global Opportunities Bond Fund has an expense ratio of 0.97 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.