3 / 5 Stars
2 2 5 2 3
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#19 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 1.95 percent over the past year, 4.36 percent over the past three years, 5.15 percent over the past five years, and 4.32 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.5%|
|3 Years (Annualized)||4.4%|
|5 Years (Annualized)||5.1%|
|10 Years (Annualized)||4.3%|
The investment seeks a high level of current income consistent with moderate fluctuations of principal. The fund invests at least 80% of its net assets plus borrowings in debt obligations issued or guaranteed by the U.S. government or any of its agencies or instrumentalities, mortgage-related securities of governmental or corporate issuers and corporate debt securities. It may invest in commercial paper, certificates of deposit, bankers acceptances rated A-1 by Standard & Poor's Ratings Group ("S&P") and Fitch, Inc. ("Fitch") or P-1 by Moody's Investor Services, Inc. ("Moody's").
Fees are Low compared to funds in the same category.
Wright Current Income Fund has an expense ratio of 0.90 percent.
Risk is Low compared to funds in the same category according to Morningstar.