3 / 5 Stars
4 3 2 4 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#31 in World Bond
U.S. News evaluated 92 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 5.44 percent over the past year, 6.04 percent over the past three years, and 5.62 percent over the past five years.
|Trailing Returns||Updated 05.31.2013|
|Year to date||-0.9%|
|3 Years (Annualized)||6.0%|
|5 Years (Annualized)||5.6%|
|10 Years (Annualized)||N/A|
The investment seeks a high level of current income. Normally, the fund invests at least 80% of its net assets (plus the amount of borrowings, if any, for investment purposes) in debt securities of issuers located throughout the world. For purposes of satisfying the 80% requirement, it also may invest in derivative instruments that have economic characteristics similar to such debt securities. Normally, the fund invests at least 40% of its net assets in issuers located outside of the United States, including emerging market issuers. The fund manager has the flexibility to invest in a broad range of issuers and segments of the debt securities markets.
Fees are Below Average compared to funds in the same category.
Pioneer Global Aggregate Bond Fund has an expense ratio of 1.00 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.