3 / 5 Stars
2 2 4 3 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#47 in Intermediate-Term Government
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 -1.81 percent over the past year, 2.31 percent over the past three years, 3.82 percent over the past five years, and 4.05 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.5%|
|3 Years (Annualized)||2.3%|
|5 Years (Annualized)||3.8%|
|10 Years (Annualized)||4.0%|
The investment seeks to produce a high level of income. The fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in "Ginnie Maes," which are mortgage-backed securities that are issued or guaranteed by the Government National Mortgage Association (GNMA). The fund may also purchase or sell securities on a when-issued, delayed delivery or forward commitment basis, including US government agency mortgage-backed to-be-announced securities (TBAs).
Fees are Low compared to funds in the same category.
DWS GNMA Fund has an expense ratio of 0.79 percent.
Risk is Average compared to funds in the same category according to Morningstar.