Franklin Adjustable U.S. Government Securities Fund

Scorecard
2 / 5 Stars
Lipper ---
Zacks Investment Research
4 (Sell)
Standard & Poor's
3 / 5 Stars
TheStreet.com
D+ (Sell)

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.

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Performance

The fund has returned 0.85 percent over the past year, 1.40 percent over the past three years, 2.22 percent over the past five years, and 2.61 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 0.4%
1 Year 0.9%
3 Years (Annualized) 1.4%
5 Years (Annualized) 2.2%
10 Years (Annualized) 2.6%

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Summary

The investment seeks a high level of current income, while providing lower volatility of principal than a fund that invests in fixed-rate securities. The fund normally invests at least 80% of its net assets in "adjustable-rate U.S. government mortgage securities." "Adjustable-rate U.S. government mortgage securities" include adjustable-rate mortgage securities (ARMS) and other mortgage-backed securities with interest rates that adjust periodically to reflect prevailing market interest rates.

Fees

Fees are Low compared to funds in the same category.
Franklin Adjustable U.S. Government Securities Fund has an expense ratio of 0.87 percent.

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Risk

Risk is Low compared to funds in the same category according to Morningstar.

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