4 / 5 Stars
4 4 1 3 2
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#18 in World Bond
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 -1.88 percent over the past year, 3.93 percent over the past three years, 8.89 percent over the past five years, and 5.00 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.1%|
|3 Years (Annualized)||3.9%|
|5 Years (Annualized)||8.9%|
|10 Years (Annualized)||5.0%|
The investment seeks to achieve income and capital appreciation. The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in bonds (debt securities). Under normal market conditions, it invests at least 65% of its total assets in investment grade U.S. and foreign corporate bonds and in securities issued or guaranteed by the U.S. and foreign governments, their agencies or instrumentalities, and supranational organizations such as the World Bank. The fund will also invest at least 40% of its net assets, plus the amount of any borrowings for investment purposes, in investments of non-U.S. issuers.
Fees are High compared to funds in the same category.
Managers Global Income Opportunity Fund has an expense ratio of 1.05 percent.
Risk is Average compared to funds in the same category according to Morningstar.