4 / 5 Stars
5 5 5 2 1
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#14 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 0.14 percent over the past year, 1.52 percent over the past three years, 2.67 percent over the past five years, and 3.12 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.6%|
|3 Years (Annualized)||1.5%|
|5 Years (Annualized)||2.7%|
|10 Years (Annualized)||3.1%|
The investment seeks current income with preservation of principal. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in securities issued or guaranteed by the U.S. government, its agencies or instrumentalities and government mortgage-backed securities. It may also purchase other mortgage-backed securities, which are sold by private issuers. The fund invests at least 65% of its total assets in securities issued or guaranteed by the U.S. government, its agencies or instrumentalities and government mortgage-backed securities that have average lives or remaining maturities of five years or less.
Fees are High compared to funds in the same category.
Commerce Short Term Government Fund has an expense ratio of 0.68 percent.
Risk is Average compared to funds in the same category according to Morningstar.