4 / 5 Stars
1 1 5 4 5
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#16 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 0.99 percent over the past year, 2.42 percent over the past three years, 3.11 percent over the past five years, and 2.98 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.2%|
|3 Years (Annualized)||2.4%|
|5 Years (Annualized)||3.1%|
|10 Years (Annualized)||3.0%|
The investment seeks to generate income and preserve principal. The fund invests at least 80% of net assets (including borrowings for investment purposes) in investment grade U.S. Government bonds. It emphasizes the safety of principal and interest for its portfolio investments. The dollar weighted average maturity of the fund as of January 31, 2013 was 3.31 years. The fund reserves the right to invest a portion of its assets in short-term debt securities (i.e., those with maturities of one year or less) and to maintain a portion of fund assets in uninvested cash. However, it does not intend to hold more than 35% of the fund's assets in such investments.
Fees are Low compared to funds in the same category.
Madison Government Bond Fund has an expense ratio of 0.61 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.