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Fund name: AXP Bond B
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Symbol: ININX
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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% US Treasury Note 7.25% FNMA 6.5% FNMA 6%
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Minimum Investment: $2,000
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1-Year Profit Projection: N/A
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Brief fund description:
AXP Bond Fund - Class B 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 B.
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Expenses
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Annual expense ratio: 1.63
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Tax Efficiency: N/A
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Load Type:
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Load Percentage: 5.0
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Performance
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Performance 3 Months: 0.00
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Performance Year to Date: 0.73
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Performance 12 Months: 0.80
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Performance 3 Years: 3.37
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Performance 5 Years: 5.04
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Additional Comments
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Fund Features:
N/A
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Fund Strategy:
N/A
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