3 / 5 Stars
3 3 5 3 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#16 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 3.18 percent over the past year, 4.66 percent over the past three years, 5.23 percent over the past five years, and 4.39 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.7%|
|3 Years (Annualized)||4.7%|
|5 Years (Annualized)||5.2%|
|10 Years (Annualized)||4.4%|
The investment seeks to provide a high level of current income consistent with safety and liquidity. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities issued by the U.S. government, its agencies or instrumentalities or securities that are rated AAA by S&P, AAA by Fitch, or Aaa by Moody's, including but not limited to mortgage securities such as agency and non-agency collateralized mortgage obligations, and other obligations that are secured by mortgages or mortgage-backed securities. It maintains an average portfolio duration that is within ±25% of the duration of the Barclays Fixed-Rate MBS Index.
Fees are Low compared to funds in the same category.
Principal Government & High Quality Bond Fund has an expense ratio of 0.81 percent.
Risk is Low compared to funds in the same category according to Morningstar.