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 Fidelity® GNMA Fund (FGMNX)

Performance (1-yr.): 0.41% Expenses: 0.45%
Performance (1-mo.): 0.41% Total Assets: $6.73B
See all details for FGMNX »

#2 Vanguard GNMA Fund (VFIIX)

Performance (1-yr.): 0.31% Expenses: 0.21%
Performance (1-mo.): 0.34% Total Assets: $26.35B
See all details for VFIIX »

#3 Managers Intermediate Duration Government Fund (MGIDX)

Performance (1-yr.): 0.64% Expenses: 0.95%
Performance (1-mo.): 0.51% Total Assets: $136.03M
See all details for MGIDX »

#4 SEI Daily Income Trust GNMA Portfolio (SEGMX)

Performance (1-yr.): 0.30% Expenses: 0.70%
Performance (1-mo.): 0.37% Total Assets: $155.32M
See all details for SEGMX »

#5 Putnam American Government Income Fund (PAGVX)

Performance (1-yr.): 0.69% Expenses: 0.87%
Performance (1-mo.): 0.03% Total Assets: $557.77M
See all details for PAGVX »

#6 SEI Daily Income Trust Intermediate Duration Government Fund (TCPGX)

Performance (1-yr.): 1.04% Expenses: 0.73%
Performance (1-mo.): 0.76% Total Assets: $23.25M
See all details for TCPGX »

#7 T. Rowe Price GNMA Fund (PRGMX)

Performance (1-yr.): 0.79% Expenses: 0.59%
Performance (1-mo.): 0.58% Total Assets: $1.51B
See all details for PRGMX »

#8 Schwab GNMA Fund (SWGSX)

Performance (1-yr.): 0.89% Expenses: 0.57%
Performance (1-mo.): 0.63% Total Assets: $296.96M
See all details for SWGSX »

#9 Fidelity® Intermediate Government Income Fund (FSTGX)

Performance (1-yr.): 0.66% Expenses: 0.45%
Performance (1-mo.): 0.37% Total Assets: $848.83M
See all details for FSTGX »

#10 Morgan Stanley Mortgage Securities Trust (MTGAX)

Performance (1-yr.): 2.79% Expenses: 1.00%
Performance (1-mo.): 0.51% Total Assets: $66.54M
See all details for MTGAX »

Top Performing Intermediate Government Funds As of 04.22.2014

Dupree Intermediate Government Bond Series (DPIGX)

Total Return: 0.03%

Putnam American Government Income Fund (PAGVX)

Total Return: 0.03%

Goldman Sachs Government Income Fund (GSGOX)

Total Return: 0.07%

Morgan Stanley Mortgage Securities Trust (MTGAX)

Total Return: 2.79%

Putnam U.S. Government Income Fund (PGSIX)

Total Return: 1.33%

Putnam American Government Income Fund (PAGVX)

Total Return: 0.69%

Morgan Stanley Mortgage Securities Trust (MTGAX)

Total Return: 5.98%

Columbia U.S. Government Mortgage Fund (AUGAX)

Total Return: 4.37%

Fidelity Spartan® Intermediate Trust Bond Index Fund (FIBIX)

Total Return: 4.31%

* Annualized