3 / 5 Stars
3 3 5 3 5
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#19 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 0.28 percent over the past year, 2.67 percent over the past three years, 3.78 percent over the past five years, and 4.16 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.5%|
|3 Years (Annualized)||2.7%|
|5 Years (Annualized)||3.8%|
|10 Years (Annualized)||4.2%|
The investment seeks income. The fund normally invests at least 80% of its net assets in U.S. government securities. It invests substantially all of its assets in Government National Mortgage Association obligations (Ginnie Maes). The mortgage loans may have either fixed or adjustable interest rates. As the underlying mortgage loans are paid off, Ginnie Maes provide investors with monthly payments of interest and principal as well as any unscheduled prepayments on the underlying mortgage loans.
Fees are High compared to funds in the same category.
Franklin U.S. Government Securities Fund has an expense ratio of 0.73 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.