| Scorecard |
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4 / 5 Stars
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Lipper
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Zacks Investment Research
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Standard & Poor's
3 / 5 Stars
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TheStreet.com
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U.S. News evaluated 92 World Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 9.05 percent over the past year, 9.60 percent over the past three years, and 7.23 percent over the past five years.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | -1.6% |
| 1 Year | 9.0% |
| 3 Years (Annualized) | 9.6% |
| 5 Years (Annualized) | 7.2% |
| 10 Years (Annualized) | N/A |
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 Average compared to funds in the same category.
Legg Mason BW Global Opportunities Bond Fund has an expense ratio of 1.15 percent.
Risk
Risk is Above Average compared to funds in the same category according to Morningstar.
