3 / 5 Stars
4 4 5 4 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#9 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 -0.17 percent over the past year, 1.07 percent over the past three years, 1.70 percent over the past five years, and 2.54 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.5%|
|3 Years (Annualized)||1.1%|
|5 Years (Annualized)||1.7%|
|10 Years (Annualized)||2.5%|
The investment seeks current income. The fund invests at least 80% of its total assets in fixed-income securities with a dollar-weighted average maturity of three years or less and whose principal and interest payments are guaranteed by the U.S. government. Principal investments normally are: U.S. Treasury securities and securities issued by U.S. government agencies and instrumentalities. Remaining assets may be invested in other types of securities, including municipal bonds, mortgage pass-through securities, collateralized mortgage obligations ("CMOs"), asset-backed securities, corporate bonds and money market securities.
Fees are Low compared to funds in the same category.
Homestead Funds Short-Term Government Securities Fund has an expense ratio of 0.69 percent.
Risk is Average compared to funds in the same category according to Morningstar.