4 / 5 Stars
4 4 5 4 5
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#5 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 -0.28 percent over the past year, 2.03 percent over the past three years, 2.57 percent over the past five years, and 3.05 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.7%|
|3 Years (Annualized)||2.0%|
|5 Years (Annualized)||2.6%|
|10 Years (Annualized)||3.0%|
The investment seeks total return. The fund normally invests primarily in Treasury, U.S. government securities, government agency and government agency-backed, mortgage-backed securities (MBS). It typically seeks to maintain an overall average dollar-weighted portfolio duration that is within 20% above or 50% below the Barclays Intermediate Government Index. The fund may, but is not required to, use derivative instruments, which are instruments that have a value based on another instrument, exchange rate or index, and may be used as substitutes for securities in which the fund can invest, or to hedge against a potential loss in the underlying asset.
Fees are Low compared to funds in the same category.
Federated Limited Duration Government Fund has an expense ratio of 0.50 percent.
Risk is High compared to funds in the same category according to Morningstar.