4 / 5 Stars
2 2 5 4 5
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#4 in Short-Term Government
U.S. News evaluated 53 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 -0.03 percent over the past year, 0.86 percent over the past three years, 2.51 percent over the past five years, and 3.09 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-0.0%|
|3 Years (Annualized)||0.9%|
|5 Years (Annualized)||2.5%|
|10 Years (Annualized)||3.1%|
The investment seeks a high level of current income in a manner consistent with preserving principal. The fund invests at least 80% of assets in U.S. government securities and repurchase agreements for those securities. It invests in U.S. government securities issued by entities that are chartered or sponsored by Congress but whose securities are neither issued nor guaranteed by the U.S. Treasury. The fund invests in instruments related to U.S. government securities. It normally maintains a dollar-weighted average maturity between two and five years.
Fees are Low compared to funds in the same category.
Fidelity Limited Term Government Fund has an expense ratio of 0.45 percent.
Risk is Average compared to funds in the same category according to Morningstar.