4 / 5 Stars
Zacks Investment Research
Standard & Poor's
1 / 5 Stars
U.S. News evaluated 91 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 10.40 percent over the past year, 9.78 percent over the past three years, and 7.74 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||2.8%|
|3 Years (Annualized)||9.8%|
|5 Years (Annualized)||7.7%|
|10 Years (Annualized)||N/A|
The investment seeks to maximize total return consisting of income and capital appreciation. The fund will normally invest its assets primarily in debt and fixed income securities of domestic and foreign issuers located in developed countries. It will invest in both investment grade and below investment grade securities (commonly known as "junk bonds"), and intends to invest less than 35% of its total assets in below investment grade securities. Under normal circumstances, the fund will invest at least 80% of its net assets in debt securities. It 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 1.65 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.