3 / 5 Stars
2 2 5 5 3
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#16 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 0.81 percent over the past year, 2.79 percent over the past three years, and 3.85 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.6%|
|3 Years (Annualized)||2.8%|
|5 Years (Annualized)||3.9%|
|10 Years (Annualized)||N/A|
The investment seeks to provide a total rate of return that approximates that of mortgage-backed securities ("MBS") included in the Barclays Capital U.S. MBS Fixed Rate Index. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in bonds that meet the criteria for inclusion in the MBS Index. It may invest up to 20% of net assets in futures, options and other derivatives. The fund may also invest up to 20% of its net assets in collateralized mortgage obligations ("CMOs"), asset-backed securities, commercial mortgage-backed securities and other mortgage-related securities that are not part of the MBS Index.