Ultrashort Bond

Ultrashort bond portfolios invest primarily in investment-grade U.S. fixed-income issues and have durations of less than one year (or, if duration is unavailable, average effective maturities of less than one year). This category can include corporate or government ultrashort bond portfolios, but it excludes international, convertible, multisector, and high yield bond portfolios. Due to their focus on bonds with very short durations, these portfolios offer minimal interest-rate sensitivity and therefore low risk and total return potential. Morningstar®

6.0 Managers Short Duration Government Fund (MGSDX)

Performance (1-yr.): 1.15% Expenses: 0.84%
Performance (1-mo.): 0.30% Total Assets: $388.01M

5.5 PIA Short Term Securities Fund (PIASX)

Performance (1-yr.): 0.51% Expenses: 0.35%
Performance (1-mo.): 0.06% Total Assets: $168.12M

5.3 GMO Short Duration Investment Fund (GMSIX)

Performance (1-yr.): 0.03% Expenses: 0.22%
Performance (1-mo.): 0.12% Total Assets: $5.58M

5.0 TCW Short Term Bond Fund (TGSMX)

Performance (1-yr.): 1.89% Expenses: 0.44%
Performance (1-mo.): 0.37% Total Assets: $9.41M

4.9 DWS Ultra Short Duration Fund (SDUAX)

Performance (1-yr.): 1.00% Expenses: 1.17%
Performance (1-mo.): 0.62% Total Assets: $151.2M

4.8 Metropolitan West Ultra Short Bond Fund (MWUSX)

Performance (1-yr.): 1.00% Expenses: 0.52%
Performance (1-mo.): 0.62% Total Assets: $112.3M

4.7 The Core Fund (SGBFX)

Performance (1-yr.): 0.26% Expenses: 0.72%
Performance (1-mo.): 0.05% Total Assets: $203.1M

4.5 Legg Mason Western Asset Adjustable Rate Income Fund (ARMZX)

Performance (1-yr.): 0.48% Expenses: 0.90%
Performance (1-mo.): 0.42% Total Assets: $226.63M

4.1 Asset Management Fund Ultra Short Mortgage Fund (ASARX)

Performance (1-yr.): 1.79% Expenses: 0.97%
Performance (1-mo.): 0.02% Total Assets: $405.4M

3.3 Permanent Portfolio Short Term Treasury Fund (PRTBX)

Performance (1-yr.): 0.63% Expenses: 0.73%
Performance (1-mo.): 0.05% Total Assets: $32.76M
Advertisement
Top Performing Ultrashort Bond Funds as of 04.04.2012

Metropolitan West Ultra Short Bond Fund (MWUSX)

Total Return: 0.62%

DWS Ultra Short Duration Fund (SDUAX)

Total Return: 0.62%

Prudential Core Short-Term Bond Fund

Total Return: 0.46%

William Blair Low Duration Fund (WBLIX)

Total Return: 2.62%

USAA Ultra Short-Term Bond Fund (UUSTX)

Total Return: 2.09%

Wells Fargo Advantage Adjustable Rate Government Fund (ESAAX)

Total Return: 1.95%

* annualized