Legg Mason BW Global Opportunities Bond Fund

Scorecard
5 / 5 Stars
Lipper
5 5 1 4 2
Zacks Investment Research
4 (Sell)
Standard & Poor's
4 / 5 Stars
TheStreet.com
D- (Sell)

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.

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Performance

The fund has returned -1.22 percent over the past year, 5.66 percent over the past three years, and 11.84 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 1.9%
1 Year -1.2%
3 Years (Annualized) 5.7%
5 Years (Annualized) 11.8%
10 Years (Annualized) N/A

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Summary

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

Fees are Low compared to funds in the same category.
Legg Mason BW Global Opportunities Bond Fund has an expense ratio of 0.59 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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