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
.
GMO Emerging Country Debt IV
(
GMDFX
) seeks total return higher than its benchmark, the J.P. Morgan
Emerging Markets Bond Index Global. The fund focuses on investing
in sovereign debt of developing markets but it can also invest in
entities related or not related to the emerging countries. The
international bond mutual fund returned 11.3% in the last one year
period.
The international bond mutual fund has an expense ratio of 0.59%
compared to a category average of 1.27%.
JPMorgan Emerging Markets Debt
(
JEMDX
) invests the majority of its assets in debt securities issued in
emerging markets. These securities may be dollar-denominated or may
be issued in foreign currencies. The fund is non-diversified and
may also purchase securities rated below investment grade. The
international bond mutual fund returned 9.24% in the last one year
period.
As of June 2012, this international bond mutual fund held 178
issues, with 6.26% of its total assets invested in Russian
Federation 7.5%
Goldman Sachs Emerging Market Debt A
(
GSDAX
) seeks both capital growth and income. The fund invests a large
share of its assets in fixed income securities issued from emerging
markets. It purchases both government and corporate debt securities
and acquires securities regardless of their credit rating. The
international bond mutual fund returned 10.26% in the last one year
period.
The Fund Manager is Samuel Finkelstein and he has managed this
international bond mutual fund since 2003.
Fidelity New Markets Income
(
FNMIX
) seeks high current income. The fund invests the majority of its
assets in emerging market securities and other instruments related
to such markets. The fund may also invest in other instruments and
is non-diversified. The international bond mutual fund returned
11.59% in the last one year period.
The international bond mutual fund has an expense ratio of 0.86%
compared to a category average of 1.27%.
Federated Emerging Market Debt A
(
IHIAX
) invests a large proportion of its assets in debt securities
issued from emerging markets. These securities may be
dollar-denominated or may be issued in foreign currencies. The
international bond mutual fund returned 8.89% in the last one year
period.
The Fund Manager is Roberto Sanchez-Dahl and he has managed this
international bond mutual fund since 2000.
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 at
http://www.zacks.com/funds
.
View All Zacks #1 Ranked Mutual Funds
(FNMIX): ETF Research Reports
(GMDFX): ETF Research Reports
(GSDAX): ETF Research Reports
(IHIAX): ETF Research Reports
(JEMDX): ETF Research Reports
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