3 / 5 Stars
2 2 5 2 4
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#34 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 -0.45 percent over the past year, 2.25 percent over the past three years, 3.59 percent over the past five years, and 4.05 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.6%|
|3 Years (Annualized)||2.2%|
|5 Years (Annualized)||3.6%|
|10 Years (Annualized)||4.1%|
The investment seeks current income. The fund normally invests primarily in mortgage-backed securities guaranteed by the Government National Mortgage Association (GNMA), U.S. Treasury securities and related derivative instruments. It buys and sells portfolio securities based primarily on its market outlook and analysis of how securities may perform under different market conditions. The fund typically seeks to maintain an overall average dollar-weighted portfolio duration that is within 20% above or below the Barclays Capital GNMA Index (the "index"). It may also seek to increase its income by engaging in dollar-roll transactions.
Fees are High compared to funds in the same category.
Federated GNMA Trust Fund has an expense ratio of 0.67 percent.
Risk is Average compared to funds in the same category according to Morningstar.