3 / 5 Stars
1 1 5 4 5
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#14 in Short-Term Government
U.S. News evaluated 52 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 -0.54 percent over the past year, 1.20 percent over the past three years, 2.18 percent over the past five years, and 2.94 percent over the past decade.
|Trailing Returns||Updated 11.30.2013|
|Year to date||-0.4%|
|3 Years (Annualized)||1.2%|
|5 Years (Annualized)||2.2%|
|10 Years (Annualized)||2.9%|
The investment seeks to generate income and preserve principal. The fund seeks to achieve its investment objective through investments in bonds and other debt securities. Under normal market conditions, it will invest at least 80% of its net assets (including borrowings for investment purposes) in investment grade U.S. government bonds. The fund emphasizes the safety of principal and interest for its portfolio investments. The maturities of such investments may range from long-term (30 years or more) to short-term (less than 10 years).
Fees are High 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.