4 / 5 Stars
5 5 4 4 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#4 in World Bond
U.S. News evaluated 99 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 0.13 percent over the past year, 5.82 percent over the past three years, 8.02 percent over the past five years, and 5.29 percent over the past decade.
|Trailing Returns||Updated 03.31.2014|
|Year to date||2.4%|
|3 Years (Annualized)||5.8%|
|5 Years (Annualized)||8.0%|
|10 Years (Annualized)||5.3%|
The investment seeks maximum total return, consistent with preservation of capital. The fund normally 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 normally invests at least 25% of its net assets in instruments that are economically tied to foreign (non-U.S.) countries. The fund may invest, without limitation, in derivative instruments. It is non-diversified.
Fees are Low compared to funds in the same category.
PIMCO Global Bond (USD-Hedged) Fund has an expense ratio of 0.90 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.