Best Bond Funds
Investing in core bond mutual funds is essential for diversification. Core bond mutual fund invests in variety of investment grade debts. These funds can be an index fund or actively managed mutual fund. These funds invest in U.S. Treasuries, mortgage-backed securities, and investment grade corporate bonds). Some may invest in international bonds.These best performing core bond mutual funds in 2013 are sorted based on its performance in 2013. Some of these best bond funds don’t have a sales load and transaction fee. Some funds do have a sales load. You can buy these bond funds for your brokerage account, retirement account, or 401k plan.
Top performing core bond mutual funds 2013 are:
- Frost Total Return Bond Fund
- GMO Core Plus Bond IV
- USAA Intermediate-Term Bond Fund
- Federated Intermediate Corporate Bond
- Metropolitan West Total Return Bond M
- Dodge & Cox Income
- Orion/Monetta Intermediate Bond Fund
- Brandes Core Plus Fixed Income E
- ING Intermediate Bond W
- Manning & Napier Core Plus Bond S
Frost Total Return Bond Fund (FATRX)
Ranked with 5 stars rating by Morningstar, Frost Total Return Bond Fund utilizes its assets to purchase investment grade bonds. Jeffery Elswick is the fund’s manager since 1981. This top bond fund has a high yield of 3.90%. The total assets are $992 million. The class A fund has a sales load of 2.25%. The average effective maturity is 5.58 years.
This top performing core bond mutual fund 2013 has a 3 year average return of 6.21%.The past 5 years performance is as follows:- Year 2013: 3.77%
- Year 2012: 10.07%
- Year 2011: 4.72%
- Year 2010: 8.57%
- Year 2009: 19.12%
USAA Intermediate-Term Bond Fund (USIBX)
USAA Intermediate-Term Bond Fund invests mainly in a broad range of debt securities that have a dollar-weighted average portfolio maturity between three to 10 years. This top intermediate term bond mutual fund has a high yield of 4.38%. It is also popular among investors with $2.9 billion of assets. This no load fund has an expense fee of 0.65%.The top 2 holdings are Chubb FRN and Progressive Corp Ohio FRN. Morningstar has ranked it with 5 stars rating. This core bond fund has an average effective duration of 4.30 years. In 2013, it has a total return of 1.30%.
Metropolitan West Total Return Bond M (MWTRX)
Metropolitan West Total Return Bond fund has total net assets of $26 billion. This no load fund has an expense ratio fee of 0.61%. The portfolio holdings turnover rate is 160%. This top core bond mutual fund has an initial investment of $5,000. The yield is only 2.89%.This best fund has a 5 year annualized return of 9.09%. It is ranked with gold and five star ratings by Morningstar. The current fund’s share price is $10.66. The average credit quality is BB. The top 4 bond sectors are Agency MBS Pass Through, U.S. Treasury, asset-backed, and corporate bond.
Dodge & Cox Income Fund (DODIX)
Dodge & Cox Income Fund is another gold star rated core bond mutual fund. This no load fund has a low expense ratio fee of 0.43%. Its holding turnover rate is only 26%. The current yield is 3.07%. The current NAV is $13.69. The top 2 holdings are FNMA 4.5%, and Verizon Comms 6.55%.This top performing core bond mutual fund 2013 has returned 4.74% over the past 3 year, and 7.36% over the past 5 year. In 2013, the total return is 0.64%.
Fund Returns
| No | Fund Name | Ticker | NAV | Total Net Assets | 1 Yr Return | 5 Yr Return | 10 Yr Return |
|---|---|---|---|---|---|---|---|
| 1 | Frost Total Return Bond | FATRX | 10.72 | $146,100,000 | 1.98% | 8.85% | N/A |
| 2 | GMO Core Plus Bond IV | GPBFX | 7.28 | $189,100,000 | 1.79% | 10.77% | N/A |
| 3 | USAA Intermediate-Term Bond | USIBX | 10.68 | $1,746,900,000 | 1.75% | 11.99% | 5.84% |
| 4 | Federated Intermediate Corp Bd Svc | INISX | 9.49 | $33,500,000 | 1.35% | 8.01% | 4.46% |
| 5 | Metropolitan West Total Return Bond M | MWTRX | 10.55 | $10,073,900,000 | 1.05% | 9.75% | 6.64% |
| 6 | Dodge & Cox Income | DODIX | 13.55 | N/A | 0.85% | 8.49% | 5.23% |
| 7 | Orion/Monetta Intermediate Bond | MIBFX | 10.51 | $9,400,000 | 0.76% | 7.17% | 4.24% |
| 8 | Brandes Core Plus Fixed Income E | BCPEX | 9.2 | $1,400,000 | 0.75% | 8.91% | N/A |
| 9 | ING Intermediate Bond W | IIBWX | 9.76 | $321,300,000 | 0.53% | 8.42% | N/A |
| 10 | Manning & Napier Core Plus Bond S | EXCPX | 10.66 | $653,500,000 | 0.53% | 9.24% | N/A |
| 11 | BlackRock Total Return Inv A1 | MEHQX | 11.4 | $38,800,000 | 0.44% | 8.91% | 4.35% |
| 12 | Cavanal Hill Bond Inv | APBDX | 9.32 | $10,200,000 | 0.25% | 8.14% | 4.45% |
| 13 | Baird Intermediate Bond Inv | BIMSX | 11.44 | $42,000,000 | 0.22% | 6.56% | 4.58% |
| 14 | Hennessy Core Bond Investor | HCBFX | 7.63 | $3,000,000 | 0.03% | 6.44% | 5.13% |
| 15 | TCW Core Fixed Income N | TGFNX | 10.85 | N/A | -0.17% | 8.24% | 5.86% |
No comments:
Post a Comment