3 / 5 Stars
4 3 1 5 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 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 9.89 percent over the past year, 2.43 percent over the past three years, 7.15 percent over the past five years, and 5.23 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||7.1%|
|3 Years (Annualized)||2.4%|
|5 Years (Annualized)||7.1%|
|10 Years (Annualized)||5.2%|
The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund invests at least 80% of its assets in Fixed Income Instruments that are economically tied to foreign (non-U.S.) countries, representing at least three foreign countries, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It may invest, without limitation, in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities. The fund may also invest up to 10% of its total assets in preferred stocks. It is non-diversified.
Fees are Low compared to funds in the same category.
PIMCO Foreign Bond (Unhedged) Fund has an expense ratio of 1.65 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.