The investment seeks investment results that generally correspond, before fees and expenses, to the price and yield performance of the Dow Jones Global Composite Yield Index (the "underlying index"). The fund uses a "passive" or "indexing" investment approach to seek to track the price and yield performance of the underlying index. It invests at least 80% of its total assets in the component securities of the underlying index (or depositary receipts representing those securities). The underlying index seeks to identify the 150 highest yielding investable securities in the world within three "asset classes."
Inception Date: 08/05/2012
Primary Benchmark: DJ Global Composite Yield TR USD
Primary Index: Morningstar Mod Tgt Risk TR USD
Gross Expense Ratio: 0.75%
Management Expense Ratio: 0.75 %
|ETG||Eaton Vance Tax-Advantaged Glo..||0.00 %||
|JRI||Nuveen Real Asset Income and G..||0.00 %||
|ETO||Eaton Vance Tax-Advantage Glob..||0.00 %||
|DRA||Diversified Real Asset Income ..||0.00 %||
|EOD||Wells Fargo Global Dividend Op..||0.00 %||
|JDD||Nuveen Diversified Dividend an..||0.00 %||
|JTA||Nuveen Tax-Advantaged Total Re..||0.00 %||
|DEX||Delaware Enhanced Global Divid..||0.00 %||
|DCA||Virtus Total Return Fund||0.00 %||
|QGTA||IQ Leaders GTAA Tracker||0.46 %||
|Market Performance vs.
Industry/Classification (World Allocation)
|Market Performance vs. Exchange (NYSE Arca)|
|Value||Sector Median||Percentile Rank||Grade||Market Median||Percentile Rank||Grade|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||12.58%||50%||F||57%||F|
|Risk Adjusted Return||-20.78%||17%||F||17%||F|
|Letter Grade||Percentage||Letter Grade||Percentage||Letter Grade||Percentage|
|Target Price Action||Rating Action||Analyst||Rating||Price||Date|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
There is nothing we particularly like
This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
The company has under performed its peers on annual average total returns in the past 5 years.
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.