3 / 5 Stars
4 4 5 4 3
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#2 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.
The fund has returned 1.38 percent over the past year, 1.78 percent over the past three years, 2.60 percent over the past five years, and 2.70 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.3%|
|3 Years (Annualized)||1.8%|
|5 Years (Annualized)||2.6%|
|10 Years (Annualized)||2.7%|
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 Below Average compared to funds in the same category according to Morningstar.