Fixed-income funds

MAY 06, 2012
By  mlanche
  

General municipal debt

Top 10 Net assets ($M) 3-month return 1-year return 3-year return Net prospects expense ratio
Oppenheimer AMT-Free Municipals A $1,710.8 6.0% 24.6% 18.7% 1.1%
Market Vectors Long Municipal Index ETF $78.8 3.4% 19.2% 10.0% 0.2%
Eaton Vance AMT-Free Municipal Income Fund I $105.9 4.7% 18.5% 11.7% 0.7%
Legg Mason Western Asset Managed Municipals Fund A $3,496.8 3.6% 17.6% 10.6% 0.6%
Eaton Vance Tax-Advantaged Bond Strategies Long Term Fund A $17.8 2.8% 17.3% N/A 1.0%
Lord Abbett AMT Free Municipal Bond Fund A $94.3 4.4% 17.2% N/A 0.6%
Nuveen All-American Municipal Bond Fund A $541.6 3.6% 17.1% 12.2% 0.8%
Pioneer AMT-Free Municipal Fund A $780.0 3.9% 16.9% 11.0% 0.8%
Nuveen Tax Free Fund A $56.4 3.2% 16.5% 12.0% 0.9%
Lord Abbett National Tax-Free Income Fund A $1,518.2 4.8% 16.5% 11.4% 0.8%
Bottom 5 Net assets ($M) 3-month return 1-year return 3-year return Net prospects expense ratio
Guggenheim Municipal Income Fund A $84.4 1.3% 7.3% 22.4% 0.8%
Old Westbury Municipal Bond Fund $1,010.5 0.1% 6.4% 4.8% 0.6%
Saratoga Municipal Bond Portfolio I $3.3 0.3% 5.5% 3.4% 1.6%
Lazard U.S. Municipal Portfolio Institutional $12.4 0.2% 4.9% N/A 0.4%
JPMorgan Tax Aware Income Opportunities Fund A $80.1 0.8% 3.3% N/A 0.8%
Barclays Municipal Bond Total Return Index   1.8% 12.1% 7.7%  

High-yield debt

Top 10 Net assets ($M) 3-month return 1-year return 3-year return Net prospects expense ratio
Fidelity Real Estate High Income Fund $786.3 5.1% 8.7% 23.8% 0.8%
Westcore Flexible Income Fund Retail $97.8 3.4% 8.3% 20.4% 0.9%
John Hancock Core High Yield Fund A $16.0 6.4% 8.2% N/A 1.3%
Vanguard High-Yield Corporate Fund Investor $5,863.3 4.3% 7.9% 18.6% 0.3%
Federated Institutional High Yield Bond Fund Institutional $998.9 5.7% 7.9% 21.4% 0.5%
Rainier High Yield Portfolio Institutional $37.6 4.5% 7.8% N/A 0.7%
Ivy High Income Fund C $847.6 5.9% 7.7% 19.8% 1.8%
Waddell & Reed Advisors High Income Fund A $1,398.6 7.2% 7.7% 19.5% 1.1%
Manning & Napier High Yield Bond Series $184.7 5.5% 7.2% N/A 1.2%
Nuveen Symphony Credit Opportunities Fund A $53.6 6.0% 7.0% N/A 1.1%
Bottom 5 Net assets ($M) 3-month return 1-year return 3-year return Net prospects expense ratio
Power Income Fund A $23.5 4.0% -1.4% N/A 2.1%
Oppenheimer Champion Income Fund A $332.5 5.9% -1.6% 17.4% 1.4%
Third Avenue Focused Credit Fund Institutional $726.5 7.2% -1.7% N/A 0.9%
John Hancock High Yield Fund B $56.3 10.8% -6.3% 29.5% 1.8%
John Hancock High Income Fund NAV $371.0 12.6% -6.6% 31.4% 0.7%
Barclays U.S. High Yield 2% Issuer Cap Total Return Index   5.4% 6.4% 23.7%  
 

Intermediate-term investment-grade debt

Top 10 Net assets ($M) 3-month return 1-year return 3-year return Net prospects expense ratio
Vanguard Intermediate-Term Bond Index Fund Investor $2,083.0 0.6% 11.0% 9.4% 0.2%
Scout Core Plus Bond Fund Institutional $410.9 3.1% 10.6% 19.7% 0.4%
Vanguard Intermediate-Term Corporate Bond Index Fund ETF $1,924.4 3.1% 10.3% N/A 0.1%
DFA Intermediate-Term Extended Quality Portfolio Institutional $535.9 1.2% 10.2% N/A 0.2%
Pace Strategic Fixed Income Investments P $761.4 1.2% 9.9% 13.3% 0.8%
RidgeWorth Total Return Bond Fund I $993.5 0.6% 9.6% 7.6% 0.4%
RidgeWorth Core Bond Fund A $21.6 0.0% 9.3% 6.9% 0.6%
Delaware Core Focus Fixed Income Portfolio $6.9 1.1% 9.1% 9.6% 0.4%
Vanguard Intermediate-Term Investment-Grade Fund Investor $4,855.4 2.4% 9.1% 12.8% 0.2%
JNL/PPM America Total Return Fund A N/A N/A 9.1% 14.8% 0.8%
Bottom 5 Net assets ($M) 3-month return 1-year return 3-year return Net prospects expense ratio
Saratoga Investment Quality Bond Portfolio I $9.3 1.2% 3.6% 5.0% 1.5%
Estabrook Investment Grade Fixed Income Fund I $17.0 3.8% 3.6% N/A 0.7%
MassMutual Select Pimco Total Return Fund A $733.0 2.5% 3.2% N/A 0.9%
STAAR General Bond Fund $2.6 2.0% 1.0% 4.4% 1.7%
Acadia Principal Conservation Fund $3.1 0.2% 0.5% N/A 1.5%
Barclays U.S. Aggregate Bond Total Return Index   0.3% 7.8% 6.8%  
 

International income

Top 10 Net assets ($M) 3-month return 1-year return 3-year return Net prospects expense ratio
GMO Currency Hedged International Bond Fund III $72.0 1.7% 10.2% 12.3% 0.4%
Pimco Foreign Bond Fund (U.S. Dollar-Hedged) Institutional $3,413.7 2.3% 9.0% 12.2% 0.5%
CGCM International Fixed Income Investments $367.5 1.6% 8.0% 8.0% 0.7%
PimcoForeign Bond Fund (Unhedged) Institutional $3,362.8 0.4% 7.1% 16.3% 0.5%
Legg Mason BW International Opportunities Bond IS $86.1 4.9% 6.4% N/A 0.7%
SEI International Fixed Income Fund A $485.8 2.0% 5.5% 7.5% 1.0%
Western Asset Non-U.S. Opportunity Bond Portfolio I $101.9 3.9% 5.4% 6.3% 0.7%
PowerShares International Corporate Bond Portfolio $92.1 7.2% 5.0% N/A 0.5%
GMO International Bond Fund III $69.2 0.5% 5.0% 14.9% 0.5%
SPDR DB Intl Govt Inflation-Protected Bond ETF $1,284.1 6.0% 4.8% 12.1% 0.5%
Bottom 5 Net assets ($M) 3-month return 1-year return 3-year return Net prospects expense ratio
iShares S&P/Citigroup International Treasury Bond Fund $298.7 2.2% -0.4% 4.6% 0.4%
SPDR Barclays Capital Short Term International Treasury Bond ETF $244.4 1.7% -1.2% 5.5% 0.4%
Federated Prudent DollarBear Fund A $218.5 0.7% -1.4% 4.5% 1.3%
WisdomTree Australia & New Zealand Debt Fund $32.7 1.8% -4.5% 10.1% 0.5%
iShares S&P/Citigroup 1-3 Year International Treasury Bond Fund $175.3 1.0% -4.8% 2.9% 0.4%
Barclays Global Aggregate ex U.S. Total Return   1.2% 3.7% 8.0%  
 

Short investment-grade debt

Top 10 Net assets ($M) 3-month return 1-year return 3-year return Net prospects expense ratio
Lord Abbett Short Duration Income Fund A $8,076.5 2.4% 4.5% 8.1% 0.6%
UCM Short Duration Fund Institutional $0.3 1.4% 4.0% N/A 0.6%
DFA Short-Term Extended Quality Portfolio Institutional $1,594.8 1.4% 3.8% 5.6% 0.2%
TIAA-CREF Short-Term Bond Fund Institutional $430.4 1.2% 3.5% 4.7% 0.3%
Vanguard Short-Term Bond Index Fund Investor $3,449.5 0.4% 3.3% 3.7% 0.2%
Cavanal Hill Short-Term Income Fund No-Load Investor $30.4 1.3% 3.3% 9.8% 0.7%
BlackRock Low Duration Bond Portfolio Institutional $657.6 1.7% 3.2% 7.0% 0.6%
Sterling Capital Short-Term Bond Fund A $7.8 1.8% 3.1% 2.2% 0.8%
USAA Short-Term Bond Fund Retail $2,111.1 1.1% 3.1% 6.4% 0.6%
Homestead Short-Term Bond Fund $396.6 1.7% 3.1% 7.5% 0.8%
Bottom 5 Net assets ($M) 3-month return 1-year return 3-year return Net prospects expense ratio
Prudential Core Short-Term Bond Fund $3,563.7 1.4% 0.4% 8.3% 0.0%
Leader Short-Term Bond Fund Investor $208.8 4.6% 0.3% 7.6% 1.5%
Permanent Portfolio Versatile Bond Portfolio $12.2 0.2% 0.2% 1.2% 0.8%
GMO Short-Duration Investment Fund III $5.6 0.9% 0.0% 6.1% 0.2%
Legg Mason Western Asset Adjustable Rate Income Fund C $59.6 1.8% -0.2% 6.7% 1.5%
Barclays 1-3 Year Government/Credit Total Return Index   0.4% 1.8% 2.7%  
 

Treasury inflation-protected securities

Top 10 Net assets ($M) 3-month return 1-year return 3-year return Net prospects expense ratio
Pimco 15+ Year U.S. TIPS Index ETF $311.3 -1.0% 22.7% N/A 0.2%
Pimco Real Return Asset Fund Institutional $2,428.1 0.6% 20.9% 14.9% 0.6%
GMO Inflation Indexed Plus Bond Fund VI $3.2 2.3% 14.3% 18.3% 0.4%
DFA Inflation Protected Securities Portfolio Institutional $2,070.5 0.9% 13.2% 9.2% 0.1%
American Independence U.S. Inflation-Indexed Fund Institutional $316.4 0.9% 12.7% 9.2% 0.3%
Pimco Broad U.S. TIPS Index ETF $101.4 0.7% 12.4% N/A 0.2%
SPDR Barclays Capital TIPS ETF $600.6 0.7% 12.4% 8.9% 0.2%
Goldman Sachs Inflation Protected Securities Fund A $123.2 0.7% 12.0% 8.4% 0.6%
Vanguard Inflation-Protected Securities Fund Investor $15,876.0 0.8% 12.0% 8.4% 0.2%
iShares Barclays TIPS Bond Fund $22,232.4 0.8% 12.0% 8.5% 0.2%
Bottom 5 Net assets ($M) 3-month return 1-year return 3-year return Net prospects expense ratio
Pimco 1-5 Year U.S. TIPS Index ETF $968.6 1.4% 3.8% N/A 0.2%
SEI Institutional Mgd Real Return Fund A $427.8 1.2% 3.5% N/A 0.9%
iShares Barclays 0-5 Year TIPS Bond Fund $309.5 1.3% 3.4% N/A 0.2%
Eaton Vance Short Term Real Return Fund A $40.9 2.0% 3.1% N/A 1.2%
Franklin Real Return Fund A $441.0 2.5% 0.4% 6.0% 0.9%
Barclays U.S. TIPS Total Return Index   0.9% 12.2% 8.7%  
As of March 31. Distinct classes only. Rankings are based on unrounded figures. Three-year returns are annualized. N/A = not available (fund has been in operation for less than three years). Source: Lipper

Latest News

Advisor moves: RBC swipes $1.7B UBS team, Baird duo departs for LPL's Linsco channel
Advisor moves: RBC swipes $1.7B UBS team, Baird duo departs for LPL's Linsco channel

RBC Wealth Management's latest move in New York adds an elite eight-member team to its recently opened Westchester office.

Stifel star broker, Chuck Roberts, leaves firm under cloud of investor complaints
Stifel star broker, Chuck Roberts, leaves firm under cloud of investor complaints

Stifel – so far - is on the hook for more than $166 million in damages, legal fees and settlements in investor complaints involving Roberts, a 35-year industry veteran.

iCapital secures $820M in latest funding, hits $7.5B
iCapital secures $820M in latest funding, hits $7.5B

The giant alt investments platform's latest financing led by T. Rowe Price and SurgoCap Partners, along with State Street, UBS, and BNY, will fuel additional growth on multiple fronts.

Merrill Lynch on the hook for $3.7M after clients claimed sale of unsuitable private equity
Merrill Lynch on the hook for $3.7M after clients claimed sale of unsuitable private equity

Some investors recently have seen million dollar plus decisions by FINRA arbitration panels involving complex products decisions go their way.

What does it take to feel 'financially comfortable' or 'wealthy' in 2025?
What does it take to feel 'financially comfortable' or 'wealthy' in 2025?

New report shines a light on how Americans view wealth today.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.