4 / 5 Stars
3 3 5 4 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
5 / 5 Stars
#21 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 -0.30 percent over the past year, 2.91 percent over the past three years, 4.04 percent over the past five years, and 4.35 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.0%|
|3 Years (Annualized)||2.9%|
|5 Years (Annualized)||4.0%|
|10 Years (Annualized)||4.3%|
The investment seeks high current income consistent with preservation of capital. The fund normally invests at least 80% of its net assets in Government National Mortgage Association (GNMA) securities. It may invest in securities issued by the U.S. government or its other agencies and instrumentalities. The fund may also invest in mortgage-backed and asset-backed securities, collateralized mortgage obligations, repurchase agreements, and commercial paper. For temporary defensive purposes during unusual market conditions, it may invest up to 100% of its assets in cash, cash equivalents or other high quality short-term investments.
Fees are High compared to funds in the same category.
Schwab GNMA Fund has an expense ratio of 0.55 percent.
Risk is Average compared to funds in the same category according to Morningstar.