3 / 5 Stars
3 3 3 2 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#25 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 0.97 percent over the past year, 3.06 percent over the past three years, 6.07 percent over the past five years, and 4.84 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.7%|
|3 Years (Annualized)||3.1%|
|5 Years (Annualized)||6.1%|
|10 Years (Annualized)||4.8%|
The investment seeks to provide a high level of current income; capital appreciation is a secondary objective. The fund normally invests 80% of its net assets in a diversified portfolio of bonds of foreign and U.S. issuers. It may invest in securities issued by foreign or U.S. governments and in securities, including secured and unsecured loan assignments, loan participations and other loan instruments, issued by foreign or U.S. companies of any size, including those in emerging markets. The fund may invest up to 100% of its total assets in foreign securities and in securities denominated in currencies other than the U.S. dollar.
Fees are Low compared to funds in the same category.
Waddell & Reed Advisor Global Bond Fund has an expense ratio of 1.19 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.