| Scorecard |
|---|
|
3 / 5 Stars
|
|
Lipper
---
|
|
Zacks Investment Research
5
(Strong Sell)
|
|
Standard & Poor's
3 / 5 Stars
|
|
TheStreet.com
C-
(Hold)
|
U.S. News evaluated 54 Short Government Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 0.46 percent over the past year, 0.93 percent over the past three years, 2.07 percent over the past five years, and 2.62 percent over the past decade.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | -0.0% |
| 1 Year | 0.5% |
| 3 Years (Annualized) | 0.9% |
| 5 Years (Annualized) | 2.1% |
| 10 Years (Annualized) | 2.6% |
Summary
The investment seeks to provide current income consistent with minimal volatility of principal. The fund invests at least 65% of the value of its total assets in a professionally managed portfolio of U.S. government securities consisting primarily of adjustable and floating rate mortgage securities which are issued or guaranteed by the U.S. government, its agencies or instrumentalities. It may also invest up to 20% of its assets in fixed-rate, mortgage-backed securities and other fixed-rate securities.
Fees
Fees are Below Average compared to funds in the same category.
Federated Adjustable Rate Securities Fund has an expense ratio of 0.64 percent.
Risk
Risk is Low compared to funds in the same category according to Morningstar.
