4 / 5 Stars
3 3 1 3 3
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 12 Long 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 -3.27 percent over the past year, 6.14 percent over the past three years, 6.04 percent over the past five years, and 6.60 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.5%|
|3 Years (Annualized)||6.1%|
|5 Years (Annualized)||6.0%|
|10 Years (Annualized)||6.6%|
The investment seeks the highest return consistent with investment in U.S. Treasury securities. The fund invests at least 80% of the value of its net assets in zero-coupon securities. It invests primarily in zero-coupon U.S. Treasury securities and their equivalents, and may invest up to 20% of assets in AAA-rated zero-coupon U.S. government agency securities. Zero-coupon securities make no periodic interest or principal payments. The fund is managed to mature in the year 2020 and will be liquidated near the end of its target maturity year.
Fees are High compared to funds in the same category.
American Century Zero Coupon 2020 Fund has an expense ratio of 0.80 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.