3 / 5 Stars
2 2 5 2 4
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#27 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 -0.60 percent over the past year, 1.34 percent over the past three years, 1.79 percent over the past five years, and 2.68 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.3%|
|3 Years (Annualized)||1.3%|
|5 Years (Annualized)||1.8%|
|10 Years (Annualized)||2.7%|
The investment seeks current income by investing primarily in U.S. government securities. The fund invests at least 80% of its net assets in U.S. government securities either issued or guaranteed by the U.S. government or its agencies or instrumentalities. It may also purchase prime quality, conforming mortgage-backed securities whose maturity and duration are consistent with an intermediate term strategy. The average duration of the fund's portfolio typically ranges from two to six years.
Fees are High compared to funds in the same category.
City National Rochdale Government Bond Fund has an expense ratio of 0.77 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.