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9. Westcore Plus Bond Fund
Westcore Plus Bond Fund (WTIBX) seeks a long term total rate of return, consistent with preservation of capital, by investing primarily in investment grade bonds of vary! ing matu rities. The fund invests primarily in investment grade debt securities. The Fund may invest 80% of its net assets in fixed income securities and 20% in equity and equity related securities and may also invest 25% in foreign companies from developing and emerging markets.Expense Ratio: 0.83%Load: 0.00%Dividend Yield: 4.04%Rated "A-" by TheStreet Ratings:-----------------------------
8. USAA Intermediate-Term Bond Fund
USAA Intermediate-Term Bond Fund (USIBX) has an investment objective to seek high current income. The fund strategy to achieve this objective is to normally invest at least 80 percent of fund assets in a broad range of investment grade debt securities. The fund may maintain a dollar weighted average portfolio maturity between three to ten years. The debt securities in which the fund invests may include, but are not limited to, obligations of U.S. state, and local governments, their agencies and instrumentalities, mortgage and asset backed securities, corporate debt securities, repurchase agreements and other securities believed to have debt like characteristics. Expense Ratio: 0.69%Load: 0.00%Dividend Yield: 5.40%Rated "A-" by TheStreet Ratings:-----------------------------
7. Managers Bond Fund
Managers Bond Fund(MGFIX) seeks a high level of current income by investing primarily in fixed income securities. The fund may invest principally in investment grade debt securities of any maturity and invests at least 80 percent of its assets in bonds. The fund seeks to achieve incremental return through analysis of relative credit and valuation of debt securities. The fund invests at least! 65 perc ent of its total assets in investment grade corporate bonds, mortgage-related and other asset-backed securities and securities issued or guaranteed by the U.S. Government, its agencies or instrumentalities. The fund may invest 10 percent of the total assets in non-U.S. dollar-denominated instruments.Expense Ratio: 1.07%Load: 0.00%Dividend Yield: 4.82%Rated "A" by TheStreet Ratings:-----------------------------
6. T Rowe Price Summit Municipal Income Fund
T Rowe Price Summit Municipal Income Fund (PRINX) seeks a high level of income exempt from federal income taxes. The fund will invest at least 65% of total assets in long-term tax-exempt bonds. At least 80% of its total assets will be in investment-grade bonds, primarily in tax-exempt securities. To enhance income the fund may invest up to 20% of the total assets in non-investment-grade bonds known as junk bonds. The fund may buy securities of any maturity, and the weighted average maturity is expected to exceed 15 years.Expense Ratio: 0.50%Load: 0.00%Dividend Yield: 4.11%Rated "A+" by TheStreet Ratings:-----------------------------
5. USAA Tax-Exempt Intermediate-Term Fund
USAA Tax-Exempt Intermediate-Term Fund (USATX) has an investment objective to provide the investors with interest income that is exempt from federal income tax. The fund invests primarily in investment grade tax exempt securities differentiated by maturity limitations. The dollar weighted average portfolio maturity of the fund is three and ten years. These securities include municipal debt obligations that have been issued by states and their political subdivisions and duly! constit uted state and local authorities and corporations as well as securities issued by certain U.S. territories.Expense Ratio: 0.52%Load: 0.00%Dividend Yield: 4.22%Rated "A+" by TheStreet Ratings:----------------------------
4. PIA BBB Bond MACS
PIA BBB Bond MACS (PBBBX) seeks to provide a total rate of return that approximates that of bonds rated within the BBB category by primarily investing in BBB rated bonds in the industrial, finance, and banking industries. The fund targets a weighted average duration between 5 and 8 years. Expense Ratio: 0.12%Load: 0.00%Dividend Yield: 5.29%Rated "A+" by TheStreet Ratings:-----------------------------
3. ASTON TCH Fixed Income Fund N
ASTON TCH Fixed Income Fund N (CHTBX) seeks high current income. The fund invests at least 80% of its assets in bonds, primarily intermediate term investment grade fixed income securities. The portfolio manager uses a combination of quantitative and fundamental research in choosing securities. The fund invests in U.S. government securities corporate bonds debentures and convertible debentures zero coupon bonds mortgage asset backed securities Yankee bonds. The dollar weighted average maturity of the bonds in the fund is normally between three and ten years.Expense Ratio: 1.11%Load: 0.00%Dividend Yield: 4.52%Rated "A+" by TheStreet Ratings:-----------------------------
2. Metropolitan West Total Return Bond Fund
Metropolitan West Total Return Bond Fund-----------------------------
1. Baird Core Plus Bond Inv
Baird Core Plus Bond Inv (BCOSX) has an investment objective to provide an annual rate of return, before expenses, in excess of the Barclays Capital US Universal Bond Index. The fund invests primarily in investment grade bonds. The fund may invest up to 20% of its net assets in non-investment grade debt securities. The fund may invest up to 100% of its total assets in cash or short term, investment grade securities as a temporary defensive position during adverse market, economic or political conditions and in other limited circumstances.Expense Ratio: 0.55%Load: 0.00%Dividend Yield: 4.12%Rated "A+" by TheStreet Ratings:-----------------------------
How We Rate Funds
TheStreet Ratings condenses the available fund performance and risk data, including penalties for load charges, into a single composite opinion of each fund's risk-adjusted performance. This allows the unbiased identification of those funds that have historically done well and those that have underperformed the market. While there is no guarantee of future performance, these investm! ent rati ngs provide a solid framework for making informed, timely investment decisions. In order to qualify for a rating, an open-end fund must either have three years of risk and return data or be an additional share class of an existing fund with at least three years of performance statistics. Funds rated "A" or "B" are considered "Buy" based on a track record of higher than average risk-adjusted performance. Funds at the "C" level are rated as "Hold," while underperformers at the "D" and "E" levels our model ranks as "Sell."MORE FROM THESTREET RATINGS:
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