3 / 5 Stars
3 3 2 4 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#25 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 -1.97 percent over the past year, 3.18 percent over the past three years, and 6.25 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.3%|
|3 Years (Annualized)||3.2%|
|5 Years (Annualized)||6.3%|
|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, including corporate and government issuers. For purposes of satisfying the 80% requirement, it also may invest in derivative instruments that have economic characteristics similar to such debt securities. The fund may invest up to 70% of its net assets in debt securities rated below investment grade or, if unrated, of equivalent credit quality as determined by the adviser.
Fees are High compared to funds in the same category.
Pioneer Global Multisector Income Fund has an expense ratio of 1.00 percent.
Risk is Average compared to funds in the same category according to Morningstar.