2 / 5 Stars
2 2 5 4 4
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#20 in Short-Term Government
U.S. News evaluated 51 Short 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 -0.22 percent over the past year, 0.31 percent over the past three years, 1.22 percent over the past five years, and 2.01 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.1%|
|3 Years (Annualized)||0.3%|
|5 Years (Annualized)||1.2%|
|10 Years (Annualized)||2.0%|
The investment seeks to provide safety of principal and a moderate rate of income that is generally exempt from state and local taxes. The fund normally invests at least 80% of net assets in U.S. government and agency securities. It invests up to 10% of total assets in other securities rated A or better by national rating agencies and comparably rated commercial paper and notes. The fund may use derivatives, such as options, futures, forwards and swaps. It normally seeks to maintain an effective duration of one to three years.
Fees are High compared to funds in the same category.
AllianceBernstein U.S. Government Short Duration Portfolio has an expense ratio of 0.70 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.