4 / 5 Stars
4 5 3 5 1
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#7 in World Bond
U.S. News evaluated 99 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 1.99 percent over the past year, 4.72 percent over the past three years, and 8.74 percent over the past five years.
|Trailing Returns||Updated 03.31.2014|
|Year to date||2.8%|
|3 Years (Annualized)||4.7%|
|5 Years (Annualized)||8.7%|
|10 Years (Annualized)||N/A|
The investment seeks high income and some capital appreciation. The fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in income-producing securities or other income-producing instruments. It may invest in a variety of securities in an effort to enhance income and achieve some capital growth. Up to 50% of the fund's net assets can be invested in non-U.S. dollar-denominated foreign debt securities. Up to 65% of its net assets can be invested in securities and other holdings that are rated noninvestment-grade (BB and lower, or an equivalent rating).
Fees are Low compared to funds in the same category.
T. Rowe Price Strategic Income Fund has an expense ratio of 0.83 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.