3 / 5 Stars
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 49 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 0.44 percent over the past year, 0.60 percent over the past three years, 1.08 percent over the past five years, and 2.56 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||0.4%|
|3 Years (Annualized)||0.6%|
|5 Years (Annualized)||1.1%|
|10 Years (Annualized)||2.6%|
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 are Low compared to funds in the same category.
Federated Adjustable Rate Securities Fund has an expense ratio of 0.64 percent.
Risk is Low compared to funds in the same category according to Morningstar.