Investment Funds You Can Choose |
Bond Funds |
| Fund offerings as of January 1, 2009 |
| How to read this table |
| Core Bond Funds |
For a $10,000 Investment |
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Fees |
Result in 10 Years |
| Info Pop Ups* |
Fund |
Annual |
Long-Term |
Average |
Downside |
Upside |
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FRS Select U.S. Bond Enhanced Index Fund (B15) |
$5 |
$151 |
$13,500 |
$9,800 |
$16,300 |
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Pimco Total Return Fund (B20) |
$59 |
$1,943 |
$12,700 |
$9,300 |
$15,600 |
| Specialty Bond Funds |
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Pyramis Intermediate Duration Fund (B35) |
$15 |
$471 |
$13,000 |
$9,900 |
$15,300 |
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PIMCO High Yield Fund (B55) |
$50 |
$1,623 |
$14,400 |
$8,700 |
$22,600 |
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| How to read this table |
| *Info Pop Ups Legend |
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Fund Thumbnail
(short summaries of each fund)
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Fund Scorecard
(overall score, rankings, investment style and risk, historical performance, other statistics)
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Fund Profile
(fees and expenses, investment strategies and risks, asset allocation, average annual returns, fund advisors, etc.)
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Fund Details
(restrictions on transfers, philosophy, research process, security selection, portfolio construction, sell discipline, etc.)
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These funds invest primarily in bonds, which are like IOUs – a company or government agency borrows money and pays it back with interest to the bondholder (the person making the loan). The quality of a bond is reflected in the credit rating of the company or agency that issues the bond. The short-term risk of bond funds is relatively low, so they are often held by retirement investors as a way to lower risk and diversify.
Over time, the value of a bond is affected by interest rates, inflation and other factors. When inflation or interest rates go up, the value of bonds goes down because they pay a fixed rate of interest (the market sees other investments as being more attractive, so the value of a specific bond decreases). Therefore, bonds don't always protect the value of your retirement savings against inflation.
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