4 / 5 Stars
5 5 5 4 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#1 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 -0.01 percent over the past year, 1.14 percent over the past three years, 2.18 percent over the past five years, and 2.92 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.1%|
|3 Years (Annualized)||1.1%|
|5 Years (Annualized)||2.2%|
|10 Years (Annualized)||2.9%|
The investment seeks to preserve principal value and maintain a high degree of liquidity while providing current income. The fund invests substantially all of its net assets in U.S. Treasury obligations and obligations issued or guaranteed as to principal and interest by agencies or instrumentalities of the U.S. government, including mortgage-backed securities, and repurchase agreements collateralized by such obligations. It may invest in securities issued by various entities sponsored by the U.S. government, such as the Federal National Mortgage Association (FNMA or Fannie Mae) and the Federal Home Loan Mortgage Corporation (FHLMC or Freddie Mac).
Fees are High compared to funds in the same category.
SEI Daily Income Trust Short-Duration Goverment Portfolio has an expense ratio of 0.48 percent.
Risk is Average compared to funds in the same category according to Morningstar.