Great-West U.S. Government Mortgage Securities Fund

Class No Load (MXGMX)

U.S. News evaluated 81 Intermediate Government Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 0.31 percent over the past year, 3.17 percent over the past three years, 4.88 percent over the past five years, and 4.26 percent over the past decade.

Trailing Returns Updated 05.31.2013
Year to date -1.1%
1 Year 0.3%
3 Years (Annualized) 3.2%
5 Years (Annualized) 4.9%
10 Years (Annualized) 4.3%

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Summary

The investment seeks the highest level of return consistent with preservation of capital and substantial credit protection. The fund normally invests at least 80% of its total assets in mortgage-related securities that have been issued or guaranteed by the U.S. government or its agencies or instrumentalities. It invests in private mortgage pass-through securities and collateralized mortgage obligations. The fund will focus on relative value of the security by analyzing the current and expected level of interest rates, and current and historical asset yields versus treasury yields. It may invest in mortgage dollar rolls with up to 20% of its net assets.

Fees

Fees are Below Average compared to funds in the same category.
Great-West U.S. Government Mortgage Securities Fund has an expense ratio of 0.60 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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