5 / 5 Stars
5 5 5 3 4
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#10 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 2.10 percent over the past year, 5.14 percent over the past three years, 6.08 percent over the past five years, and 5.10 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.4%|
|3 Years (Annualized)||5.1%|
|5 Years (Annualized)||6.1%|
|10 Years (Annualized)||5.1%|
The investment seeks to preserve principal value and maintain a high degree of liquidity while providing current income. The fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in mortgage-backed securities issued by GNMA. It may also invest in U.S. Treasury securities and U.S. government securities obligations, and repurchase agreements collateralized by such obligations. In addition, the fund primarily uses futures contracts for hedging purposes to manage the fund's exposure to interest rate risk.
Fees are Low compared to funds in the same category.
SEI Daily Income Trust GNMA Portfolio has an expense ratio of 0.63 percent.
Risk is Average compared to funds in the same category according to Morningstar.