Fund |
Fund name: AXP Bond A
|
Symbol: INBNX
|
Portfolio contains these types of investments:
FNMA 7% US Treasury Bond 6.375% US Treasury Note 7.5% FNMA 6% FNMA 15yr 6% FNMA Debenture 5.25% FNMA 6.5% - NA -US Treasury Note 7.25% - NA -FNMA 6.5% - NA -FNMA 6%
|
Minimum Investment: $2,000
|
1-Year Profit Projection: NA
|
Brief fund description:
AXP Bond Fund - Class A seeks current income consistent with capital preservation. The fund normally invests at least 65% of assets in bonds, with at least 50% of assets in investment-grade corporate bonds. It also invests in government bonds and may hold lower-rated bonds, convertible securities, common stocks, and preferred stocks. The lower-rated securities purchased are generally rated B or higher. The fund may also invest up to 25% of assets in foreign securities. Class A shares have front loads; B shares have deferred loads, 12b-1 fees, and conversion features; Y shares are for institutional investors. Past name: IDS Bond Fund - Class A
|
|
|
Expenses
|
Annual expense ratio: 0.86
|
Tax Efficiency: NA
|
Load Type:
|
Load Percentage: 5.00
|
|
|
Performance
|
Performance 3 Months: 0.15
|
Performance Year to Date: 1.11
|
Performance 12 Months: 1.57
|
Performance 3 Years: 4.15
|
Performance 5 Years: 5.83
|
|
|
Additional Comments
|
Fund Features:
N/A
|
Fund Strategy:
N/A
|