4 / 5 Stars
5 5 4 5 2
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 0.70 percent over the past year, 5.34 percent over the past three years, 7.87 percent over the past five years, and 5.06 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.8%|
|3 Years (Annualized)||5.3%|
|5 Years (Annualized)||7.9%|
|10 Years (Annualized)||5.1%|
The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund normally 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, future contracts or swap agreements. It invests primarily in investment grade debt securities, but may invest up to 10% of its total assets in junk bonds rated B or higher. The fund is non-diversified.
Fees are High compared to funds in the same category.
PIMCO Foreign Bond Fund (U.S. Dollar-Hedged) has an expense ratio of 1.65 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.