1 / 5 Stars
1 1 4 2 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 5 Stars
#73 in Intermediate-Term Government
U.S. News evaluated 80 Intermediate Government Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -2.19 percent over the past year, 1.04 percent over the past three years, 2.36 percent over the past five years, and 1.82 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-2.1%|
|3 Years (Annualized)||1.0%|
|5 Years (Annualized)||2.4%|
|10 Years (Annualized)||1.8%|
The investment seeks to achieve as high a level of current income as is consistent with the preservation of capital, the maintenance of liquidity and the differing average maturity of investments held by the fund. The fund will invest exclusively in mortgage-related investments issued or guaranteed by the U.S. government or issued or guaranteed by U.S. government agencies or instrumentalities and repurchase agreements backed by such investments and other money market instruments for temporary defensive purposes. It seeks to maintain a minimum duration of a 2-Year U.S. Treasury Note, and a maximum duration of a 6-Year U.S. Treasury Note.
Fees are Low compared to funds in the same category.
Asset Management Fund U.S. Government Mortgage Fund has an expense ratio of 0.75 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.