5 / 5 Stars
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 77 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 -0.36 percent over the past year, 4.57 percent over the past three years, 7.47 percent over the past five years, and 4.90 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.0%|
|3 Years (Annualized)||4.6%|
|5 Years (Annualized)||7.5%|
|10 Years (Annualized)||4.9%|
The investment seeks current income, with a secondary objective of preservation of capital. The fund's assets primarily are invested in mortgage-related securities. Under normal market conditions, at least 80% of its net assets (including the amount of any borrowings for investment purposes) are invested in mortgage-related securities that either are issued or guaranteed as to principal and interest by the U.S. government, its agencies, authorities or instrumentalities. The fund may invest in fixed income securities of any maturity and does not seek to maintain a particular dollar-weighted average maturity.
Fees are High compared to funds in the same category.
Columbia U.S. Government Mortgage Fund has an expense ratio of 0.86 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.