2 / 5 Stars
2 2 1 5 4
Zacks Investment Research
Standard & Poor's
3 / 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 -3.10 percent over the past year, 1.36 percent over the past three years, 4.33 percent over the past five years, and 3.70 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.4%|
|3 Years (Annualized)||1.4%|
|5 Years (Annualized)||4.3%|
|10 Years (Annualized)||3.7%|
The investment seeks to provide high current income and capital appreciation. Normally, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in foreign bonds and 65% of its net assets in foreign bonds that are rated within the three highest credit categories. It may invest up to 20% of its total assets in "junk" bonds that have received a below investment-grade rating. Up to 20% of total assets may be invested in U.S. dollar-denominated foreign bonds, such as Brady bonds and other emerging markets bonds. The fund is non-diversified.
Fees are High compared to funds in the same category.
T. Rowe Price International Bond Fund has an expense ratio of 1.13 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.