Aberdeen Total Return Bond Fund Class A (BJBGX)
Aberdeen Total Return Bond Fund Class A operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Philadelphia, PA, US. The stock last traded at $13.39, down 0.22% on the session, giving a market capitalisation of $161.9M. Its beta of 1.13 implies it has historically moved more than the broad market.
This fund's main goal is to achieve a comprehensive total return. It chiefly allocates its capital across a broad and varied array of debt instruments. These fixed-income assets are issued or backed by a diverse set of entities, including national governments (both the U.S. and foreign), their agencies, instrumentalities, or political subdivisions; multinational organizations supported by several countries, such as the International Bank for Reconstruction and Development; local municipal authorities; and private companies. A significant portion of its portfolio, specifically no less than 80% of its net assets (which accounts for financial derivatives like futures, options, and swaps, along with borrowed funds for investment), will be directed towards securities rated as investment grade.
Aberdeen Total Return Bond Fund Class A is most often compared with the following Financial Services names: