3 / 5 Stars
5 5 5 4 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#11 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 0.19 percent over the past year, 0.92 percent over the past three years, and 2.06 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||0.1%|
|3 Years (Annualized)||0.9%|
|5 Years (Annualized)||2.1%|
|10 Years (Annualized)||N/A|
The investment seeks a high level of current income in a manner consistent with preservation of capital. The fund normally invests at least 80% of assets in securities included in the Barclays® U.S. 1-5 Year Treasury Bond Index. It normally maintains a dollar-weighted average maturity of three years or less. The fund uses statistical sampling techniques based on duration, maturity, interest rate sensitivity, security structure, and credit quality to attempt to replicate the returns of the index using a smaller number of securities.
Fees are Low compared to funds in the same category.
Fidelity Spartan Short Term Trust Bond Index Fund has an expense ratio of 0.20 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.