4 / 5 Stars
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 5 Stars
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 -4.65 percent over the past year, and 4.48 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.6%|
|3 Years (Annualized)||4.5%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to maximize total return consisting of income and capital appreciation. The fund invests at least 80% of its net assets in fixed income securities of issuers located in developed market countries. It will invest in the sovereign debt and currencies of countries in the Citigroup World Government Bond Index ex-U.S. (Unhedged). The fund invests 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. It is non-diversified.
Fees are High compared to funds in the same category.
Legg Mason BW International Opportunities Bond Fund has an expense ratio of 0.99 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.