Putnam U.S. Government Income Fund

Scorecard
3 / 5 Stars
Lipper
4 4 4 3 1
Zacks Investment Research
2 (Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
C- (Hold)

#20 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.

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Performance

The fund has returned 2.86 percent over the past year, 3.82 percent over the past three years, 6.72 percent over the past five years, and 5.29 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 1.0%
1 Year 2.9%
3 Years (Annualized) 3.8%
5 Years (Annualized) 6.7%
10 Years (Annualized) 5.3%

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Summary

The investment seeks as high a level of current income as the adviser believes is consistent with preservation of capital. The fund invests mainly in bonds and secularized debt instruments (such as mortgage-backed investments) that are obligations of the U.S. government, its agencies and instrumentality and accordingly are backed by the full faith and credit of the United States (e.g., U.S. Treasury bonds and Ginnie Mae mortgage-backed bonds) or by only the credit of a federal agency or government-sponsored entity (e.g., Fannie Mae and Freddie Mac mortgage-backed bonds), and that have short- to long-term maturities.

Fees

Fees are Low compared to funds in the same category.
Putnam U.S. Government Income Fund has an expense ratio of 0.86 percent.

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Risk

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

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