3 / 5 Stars
2 2 1 2 5
Zacks Investment Research
Standard & Poor's
2 / 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 5.59 percent over the past year, 2.61 percent over the past three years, and 4.68 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||4.1%|
|3 Years (Annualized)||2.6%|
|5 Years (Annualized)||4.7%|
|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. In addition to investing in securities denominated in non-U.S. currencies, it may hold non-U.S. currencies and may take long or short positions with respect to a particular currency through a derivative position, such as a forward currency exchange contract in a non-U.S. security.
Fees are Low compared to funds in the same category.
Pioneer Global Multisector Income Fund has an expense ratio of 1.90 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.