3 / 5 Stars
3 4 5 4 5
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#11 in Intermediate-Term Government
U.S. News evaluated 82 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 4.22 percent over the past year, 4.77 percent over the past three years, and 5.32 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.8%|
|3 Years (Annualized)||4.8%|
|5 Years (Annualized)||5.3%|
|10 Years (Annualized)||N/A|
The investment seeks a high level of total return consisting of income and capital appreciation. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in securities representing direct or indirect interests in or that are collateralized by adjustable rate and fixed rate mortgage loans or other mortgage-related securities of U.S. issuers. Its target duration under normal interest rate conditions is the duration of the Barclays U.S. Securitized Bond Index plus or minus 0.5 years, and since the fund's inception on January 3, 2003, the duration of this index has ranged between 0.84 and 4.73 years.
Fees are Low compared to funds in the same category.
Goldman Sachs U.S. Mortgages Fund has an expense ratio of 0.71 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.