Thornburg Limited Term U.S. Government Fund

Scorecard
5 / 5 Stars
Lipper
5 5 5 3 2
Zacks Investment Research
4 (Sell)
Standard & Poor's
5 / 5 Stars
TheStreet.com
C- (Hold)

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.

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Performance

The fund has returned -0.44 percent over the past year, 1.88 percent over the past three years, 2.81 percent over the past five years, and 3.32 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 1.2%
1 Year -0.4%
3 Years (Annualized) 1.9%
5 Years (Annualized) 2.8%
10 Years (Annualized) 3.3%

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Summary

The investment seeks to provide as high a level of current income as is consistent with safety of capital; reducing changes in its share price compared to longer term portfolios is a secondary goal. The fund invests at least 80% of assets in U.S. government securities. "U.S. government securities" means: securities backed by the full faith and credit of the U.S. government, securities issued or guaranteed by U.S. government agencies, instrumentalities or sponsored enterprises, but which are not backed by the full faith and credit of the U.S. government. It maintains a portfolio of investments with a dollar-weighted average maturity of less than five years.

Fees

Fees are Low compared to funds in the same category.
Thornburg Limited Term U.S. Government Fund has an expense ratio of 0.56 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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See Also:

Top Thornburg Funds