3 / 5 Stars
3 3 1 3 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#34 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 8.51 percent over the past year, 3.13 percent over the past three years, and 5.80 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||6.2%|
|3 Years (Annualized)||3.1%|
|5 Years (Annualized)||5.8%|
|10 Years (Annualized)||N/A|
The investment seeks total return which exceeds that of its benchmarks, consistent with prudent investment management. The fund invests at least 80% of its assets in Fixed Income Instruments that are economically tied to at least three countries (one of which may be the United States), which may be represented by forwards or derivatives such as options, futures contracts, or swap agreements. It may invest up to 10% of total assets in preferred stocks. The fund may also invest in derivative instruments, such as options, futures contracts or swap agreements, or in mortgage- or asset-backed securities. It is non-diversified.
Fees are Low compared to funds in the same category.
PIMCO Global Advantage Strategy Bond Fund has an expense ratio of 1.10 percent.
Risk is Average compared to funds in the same category according to Morningstar.