5 / 5 Stars
5 5 5 5 4
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
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 -0.78 percent over the past year, 2.99 percent over the past three years, 5.79 percent over the past five years, and 4.93 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-0.8%|
|3 Years (Annualized)||3.0%|
|5 Years (Annualized)||5.8%|
|10 Years (Annualized)||4.9%|
The investment seeks a high level of current income consistent with prudent investment risk; capital gain is a secondary objective. The fund normally invests at least 80% of assets in Ginnie Maes and repurchase agreements for Ginnie Maes. It invests in other U.S. government securities and instruments related to U.S. government securities. The fund invests in U.S. government securities issued by entities that are chartered or sponsored by Congress but whose securities are neither issued nor guaranteed by the U.S. Treasury. It seeks to have similar overall interest rate risk to the Barclays GNMA Index.
Fees are Low compared to funds in the same category.
Fidelity GNMA Fund has an expense ratio of 0.45 percent.
Risk is Average compared to funds in the same category according to Morningstar.
The fund's Value Line Overall Rank, a measure of risk-adjusted performance and relative growth in fund returns, is 3 on a scale of 1 to 5, with 1 being the best and 5 the worst.Value Line 2013-11-12
The fund's Value Line Growth Persistence rank, which awards funds that consistently outperform their broad universes, is 4 for one year, 3 for five years, and 3 for 10 years. Scores are on a 1 to 5 scale, with 1 being the best and 5 the worst.Value Line 2013-11-12
The fund's Value Line Risk Rank, a measure of volatility, is 2 on a scale of 1 to 5, with 1 being the least volatile and 5 the most.Value Line 2013-11-12