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
.
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 12.28% in the
last one year period.
The Fund Manager is Samuel Finkelstein and he has managed this
international bond mutual fund since 2003.
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 11.51% in the last one year
period.
As of June 2012, this international bond mutual fund held 101
issues, with 6.29% of its total assets invested in Petroleos De
Venezuela Sa 8.5%
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 14.32% in
the last one year period.
The international bond mutual fund has an expense ratio of 0.59%
compared to a category average of 1.26%.
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 14% in the last one year period.
The Fund Manager is John H. Carlson and he has managed this
international bond mutual fund since 1995.
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
11.52% in the last one year period.
The international bond mutual fund has an expense ratio of 1.00%
compared to a category average of 1.26%.
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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