| Scorecard |
|---|
|
4 / 5 Stars
|
|
Lipper
4
4
5
4
3
|
|
Zacks Investment Research
2
(Buy)
|
|
Standard & Poor's
5 / 5 Stars
|
|
TheStreet.com
C+
(Hold)
|
#3 in Intermediate-Term Government
U.S. News evaluated 81 Intermediate Government Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 0.14 percent over the past year, 3.63 percent over the past three years, 5.11 percent over the past five years, and 4.46 percent over the past decade.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | -1.2% |
| 1 Year | 0.1% |
| 3 Years (Annualized) | 3.6% |
| 5 Years (Annualized) | 5.1% |
| 10 Years (Annualized) | 4.5% |
Summary
The investment seeks a high level of income and maximum credit protection. The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in mortgage-backed securities issued by the Government National Mortgage Association (GNMA), an agency of the U.S. Department of Housing and Urban Development. Up to 20% of net assets can be invested in high-quality securities that are not backed by the full faith and credit of the U.S. government.
Fees
Fees are Below Average compared to funds in the same category.
T. Rowe Price Summit GNMA Fund has an expense ratio of 0.60 percent.
Risk
Risk is Below Average compared to funds in the same category according to Morningstar.
