3 / 5 Stars
5 4 5 3 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#16 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 -0.06 percent over the past year, 1.34 percent over the past three years, 3.52 percent over the past five years, and 2.34 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.4%|
|3 Years (Annualized)||1.3%|
|5 Years (Annualized)||3.5%|
|10 Years (Annualized)||2.3%|
The investment seeks income. The fund invests at least 80% of its net assets in debt securities issued by the U.S. government, its agencies and instrumentalities, repurchase agreements on those securities and hedging instruments approved by its Board of Trustees. It may invest up to 20% of its net assets in mortgage-backed securities that are not issued or guaranteed by the U.S. government, its agencies or instrumentalities, asset-backed securities, investment grade corporate debt obligations and certain other high quality debt obligations. The fund seeks to maintain an average effective portfolio duration of not more than three years.
Fees are High compared to funds in the same category.
Oppenheimer Limited-Term Government Fund has an expense ratio of 0.80 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.