4 / 5 Stars
4 3 5 2 2
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#25 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 1.71 percent over the past year, 4.28 percent over the past three years, 5.72 percent over the past five years, and 4.77 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.2%|
|3 Years (Annualized)||4.3%|
|5 Years (Annualized)||5.7%|
|10 Years (Annualized)||4.8%|
The investment seeks to provide investors with a total return in excess of the total return of the major market indices for mortgage-backed securities. The fund normally invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in bonds issued by the U.S. government or its agencies and instrumentalities and synthetic instruments or derivatives having economic characteristics similar to such debt securities.
Fees are Low compared to funds in the same category.
Managers Intermediate Duration Government Fund has an expense ratio of 0.89 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.