4 / 5 Stars
4 4 5 2 2
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#27 in Short-Term Government
U.S. News evaluated 53 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 -1.02 percent over the past year, 1.09 percent over the past three years, 3.36 percent over the past five years, and 3.19 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-1.1%|
|3 Years (Annualized)||1.1%|
|5 Years (Annualized)||3.4%|
|10 Years (Annualized)||3.2%|
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 are Low compared to funds in the same category.
Thornburg Limited-Term U.S. Government Fund has an expense ratio of 0.89 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.