Franklin Limited Maturity U.S. Government Securities Fund

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

#29 in Short-Term Government

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 0.36 percent over the past year, 1.45 percent over the past three years, 2.68 percent over the past five years, and 2.82 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 0.1%
1 Year 0.4%
3 Years (Annualized) 1.4%
5 Years (Annualized) 2.7%
10 Years (Annualized) 2.8%

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Summary

The investment seeks as high a level of current income consistent with prudent investing. The fund invests at least 80% of its net assets in securities with a dollar-weighted average maturity of less than 10 years and issued or guaranteed by the U.S. government, its agencies, or instrumentalities. It generally invests a substantial portion of its assets in mortgage-backed securities including adjustable rate mortgage securities (ARMs). The fund maintains the average dollar-weighted maturity of its fixed-rate portfolio in a range of one to five years. It may also invest in U.S. inflation-indexed securities issued by governments and municipal issuers.

Fees

Fees are Low compared to funds in the same category.
Franklin Limited Maturity U.S. Government Securities Fund has an expense ratio of 0.77 percent.

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Risk

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

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