4 / 5 Stars
1 1 5 2 4
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
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 0.04 percent over the past year, and 1.66 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.2%|
|3 Years (Annualized)||1.7%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to provide income consistent with liquidity, and limited credit and interest rate risk. The fund invests 100% of its assets in liquid, high-quality fixed and variable rate US Government bonds, cash and cash equivalents. Under current federal banking regulations these US Government bonds would receive a risk weighting of 0% to 20% for purposes of calculating risk-based capital requirements. The fund intends that a bank's investment in the fund would receive a 20% risk weighting. It seeks to maintain limited credit risk by restricting its investments to those rated Aaa by Moody's or AAA by S&P.
Fees are Low compared to funds in the same category.
TransWestern Institutional Short Duration Government Bond Fund has an expense ratio of 0.65 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.