The international bond market has come to represent a
particularly lucrative opportunity for investors. Though the U.S.
bond market continues to attract investors, it has featured
infrequently among the best performing international markets.
Today international markets represent more than half of the
world's fixed income investment opportunities. Further, the
presence of foreign fixed income securities in a portfolio helps
protect capital invested against currency fluctuations. With
their widely diversified holdings, mutual funds offer a secure
route to investing in the international bond market.
Below we will share with you 5 top rated international bond
mutual funds. Each has earned a
Zacks #1 Rank (Strong Buy)
as we expect the fund to outperform its peers in the future. To
view the Zacks Rank and past performance of all international
bond funds, investors can
click here to see the complete list of funds.
Franklin Templeton Emerging Market Debt
Opportunities
(FEMDX) invests a large share of its assets in debt securities
issued by emerging markets. The fund may invest without limit in
debt securities rated below investment grade. The international
bond mutual fund returned 17.22% in the last one year period.
The Fund Manager is William Ledward and he has managed this
international bond mutual fund since 2006.
Goldman Sachs Emerging Market Debt A
(GSDAX) seeks high total return. The fund invests heavily in
government and corporate debt securities issued from emerging
markets. The fund invests in securities irrespective of their
credit rating. The international bond mutual fund is
non-diversified and has returned 19.36% in the last one year
period.
The international bond mutual fund has an expense ratio of
1.22% compared to a category average of 1.25%.
JPMorgan Emerging Markets Debt
(JEMDX) invests the majority of its assets in government as well
as corporate debt securities issued in emerging markets. The
international bond mutual fund returned 20.49% in the last one
year period.
As of November 2012, this international bond mutual fund held
98 issues, with 2.99% of its total assets invested in Colombia
Rep 4.375%.
Goldman Sachs Local Emerging Markets Debt A
(GAMDX) seeks appreciably high total return. The fund invests a
large share of its assets in sovereign and corporate debt
instruments related to developing countries. The instruments
invested in must be denominated in their respective currencies.
The international bond mutual fund has a one year annualized
return of 20.45%.
As of September 2012, this international bond mutual fund held
251 issues, with 4.44% of its total assets invested in Ir202533
Irs Brl R F 7.76000.
The international bond mutual fund has an expense ratio of
0.94% compared to a category average of 1.28%.
Columbia Emerging Markets Bond A
(REBAX) invests the majority of its assets in emerging markets
fixed income instruments. Not more than one-fourth of its total
assets can be allocated to securities issued by any single
foreign government. The international bond mutual fund is
non-diversified and returned 20.40% in the last one year
period.
The Fund Manager is Nicholas Pifer and he has managed this
international bond mutual fund since 2006.
To view the Zacks Rank and past performance of all
international bond mutual funds, investors can
click here to see the complete list of funds.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find
funds that not only outpaced the market in the past but are also
expected to outperform going forward. Learn more about the
Zacks Mutual Fund Rank.
View All Zacks #1 Ranked Mutual Funds
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