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

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