5 / 5 Stars
2 1 5 3 4
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#12 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 -1.32 percent over the past year, 1.16 percent over the past three years, 3.20 percent over the past five years, and 3.77 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.4%|
|3 Years (Annualized)||1.2%|
|5 Years (Annualized)||3.2%|
|10 Years (Annualized)||3.8%|
The investment seeks current income and safety of principal. The fund invests exclusively in U.S. government securities, which are securities issued, guaranteed or insured by the U.S. government, its agencies or instrumentalities. It invests a substantial portion of assets in pass-through securities. The Adviser attempts to maintain an average effective duration for the portfolio of approximately 2 to 5 years. The fund's dollar-weighted average maturity will, under normal market conditions, range between 15 and 25 years.
Fees are High compared to funds in the same category.
SIT U.S. Government Securities Fund has an expense ratio of 0.80 percent.
Risk is Average compared to funds in the same category according to Morningstar.