Intermediate Government
Intermediate-government portfolios have at least 90% of their bond holdings in bonds backed by the U.S. government or by government-linked agencies. This backing minimizes the credit risk of these portfolios, as the U.S. government is unlikely to default on its debt. These portfolios have durations between 3.5 and six years (or, if duration is unavailable, average effective maturities between four and 10 years). Consequently, the group's performance--and its level of volatility--tends to fall between that of the short government and long government bond categories. Morningstar®
#1 Payden GNMA Fund (PYGNX)
| Performance (1-yr.): 0.43% | Expenses: 0.50% |
| Performance (1-mo.): 2.43% | Total Assets: $658.58M |
#2 Fidelity GNMA Fund (FGMNX)
| Performance (1-yr.): 0.01% | Expenses: 0.45% |
| Performance (1-mo.): 1.98% | Total Assets: $9.5B |
#3 Columbia U.S. Government Mortgage Fund (AUGAX)
| Performance (1-yr.): 3.28% | Expenses: 0.86% |
| Performance (1-mo.): 0.77% | Total Assets: $2.49B |
#3 T. Rowe Price Summit GNMA Fund (PRSUX)
| Performance (1-yr.): 0.14% | Expenses: 0.61% |
| Performance (1-mo.): 1.89% | Total Assets: $205.83M |
#5 T. Rowe Price GNMA Fund (PRGMX)
| Performance (1-yr.): 0.24% | Expenses: 0.62% |
| Performance (1-mo.): 1.81% | Total Assets: $1.77B |
#6 DFA Intermediate Government Fixed Income Portfolio (DFIGX)
| Performance (1-yr.): 0.26% | Expenses: 0.13% |
| Performance (1-mo.): 1.91% | Total Assets: $3.57B |
#7 SEI Daily Income Trust Intermediate Duration Government Fund (TCPGX)
| Performance (1-yr.): 0.01% | Expenses: 0.74% |
| Performance (1-mo.): 1.70% | Total Assets: $39.22M |
#8 Target Mortgage Backed Securities Portfolio (TGMBX)
| Performance (1-yr.): 0.43% | Expenses: 0.93% |
| Performance (1-mo.): 1.69% | Total Assets: $43.93M |
#9 SEI Daily Income Trust GNMA Portfolio (SEGMX)
| Performance (1-yr.): 0.57% | Expenses: 0.70% |
| Performance (1-mo.): 2.18% | Total Assets: $246.47M |
#10 Vanguard GNMA Fund (VFIIX)
| Performance (1-yr.): 0.83% | Expenses: 0.21% |
| Performance (1-mo.): 2.39% | Total Assets: $35.91B |
