4 / 5 Stars
4 4 5 3 4
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#1 in Ultrashort Bond
U.S. News evaluated 57 Ultrashort Bond 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 1.07 percent over the past year, 0.82 percent over the past three years, 1.43 percent over the past five years, and 2.39 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||0.5%|
|3 Years (Annualized)||0.8%|
|5 Years (Annualized)||1.4%|
|10 Years (Annualized)||2.4%|
The investment seeks to provide investors with a high level of current income, consistent with a low volatility of net asset value. The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in bonds (debt securities) issued by the U.S. government or its agencies and instrumentalities and synthetic instruments or derivatives having economic characteristics similar to such debt securities. It will seek to minimize credit risk by investing in securities of the highest credit quality.
Fees are Low compared to funds in the same category.
AMG Managers Short Duration Government Fund has an expense ratio of 0.79 percent.
Risk is Average compared to funds in the same category according to Morningstar.