3 / 5 Stars
5 5 1 2 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#44 in World Bond
U.S. News evaluated 97 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 1.94 percent over the past year, 5.25 percent over the past three years, 10.94 percent over the past five years, and 5.67 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||3.1%|
|3 Years (Annualized)||5.3%|
|5 Years (Annualized)||10.9%|
|10 Years (Annualized)||5.7%|
The investment seeks total return, made up of current income and capital appreciation. The fund normally invests at least 65% of total assets in income-producing debt securities of U.S. and foreign corporations and governments, supranational organizations, semi-governmental entities or government agencies, authorities or instrumentalities, investment-grade U.S. or foreign mortgages and mortgage-related securities and U.S. or foreign short-term and long-term bank debt securities or bank deposits. It invests up to 50% of its total assets in lower-rated securities, also known as "junk" bonds. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Prudential Global Total Return has an expense ratio of 1.23 percent.
Risk is High compared to funds in the same category according to Morningstar.