The U.S. Bond Enhanced Index Fund seeks to provide a total return that matches or incrementally exceeds the performance of the U.S. investment-grade bond market.
The U.S. Bond Enhanced Index Fund seeks to provide a total return that matches or incrementally exceeds the performance of the U.S. investment-grade bond market by investing in a range of bonds representative of the Barclays Capital U.S. Aggregate Index. In addition, the fund's attempt to achieve incremental returns above the index could result in a greater chance that the fund's returns will deviate from the returns of its benchmark when compared with a fund that strictly follows a passive indexing strategy.
Click on the risk/reward spectrum below to view the funds in that category
The U.S. Bond Enhanced Index Fund gives income investors a cost-effective way to seek to approximate the performance of the broad investment-grade bond market. It has an intermediate risk/reward profile and should offer a higher yield than less volatile short-term bond funds and a lower yield than longer-term funds. The fund can serve as a bond fund core holding or as a diversification vehicle for an equity portfolio.
Yield and share price will vary with interest rate changes. Investors should note that if interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term. There is also a chance that one of the fund's holdings will have its credit rating downgraded or will default.
* Annually we evaluate the standard deviation of each US mutual fund listed and its resulting placement within specific risk/return categories.
Methodology: If a fund is at least 5 year old, it is generally placed in risk/return categories based on the standard deviation of its performance for the longest period of its calendar year returns;
the longest time period used for analysis is 10 years (regardless of the fund's inception). If a fund is less than 5 years old, we generally use the fund's primary benchmark disclosed in its prospectus as a proxy and follow the same process of using 10-year standard deviation of the benchmark,
or longest time period available. The firm at its sole discretion may show a fund in a higher risk category based on qualitative or other factors that may differ from this methodology.
See Glossary for additional details on all data elements.
The mutual funds referred to in this website are offered and sold only to persons residing in the United States and are offered by prospectus only. The prospectuses include investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. Download a prospectus.