3 / 5 Stars
3 3 5 3 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#24 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 0.07 percent over the past year, 0.43 percent over the past three years, 1.37 percent over the past five years, and 2.74 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.1%|
|3 Years (Annualized)||0.4%|
|5 Years (Annualized)||1.4%|
|10 Years (Annualized)||2.7%|
The investment seeks a high level of current income and secondarily, in seeking current income, may also consider the potential for capital appreciation. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in securities issued or guaranteed by the U.S. government, its agencies, instrumentalities or sponsored enterprises and in repurchase agreements collateralized by such securities. Its target duration is that of the Two-Year U.S. Treasury Note Index, plus or minus 1 year.
Fees are High compared to funds in the same category.
Goldman Sachs Short Duration Government Fund has an expense ratio of 0.81 percent.
Risk is Average compared to funds in the same category according to Morningstar.