1 / 5 Stars
1 1 5 2 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#9 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 -0.62 percent over the past year, -0.60 percent over the past three years, -0.58 percent over the past five years, and 0.91 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||-0.3%|
|3 Years (Annualized)||-0.6%|
|5 Years (Annualized)||-0.6%|
|10 Years (Annualized)||0.9%|
The investment seeks to earn high current income, consistent with safety and liquidity of principal. In pursuit of its investment objective, the fund invests in debt obligations of the United States Treasury. At least 80% of its assets are invested in short-term U.S. Treasury bills and notes with maturities of less than thirteen months. The remainder may be invested in U.S. Treasury bonds having a remaining maturity of thirteen months or less. The fund is not a money market fund and does not seek to maintain a stable price per share.
Fees are Low compared to funds in the same category.
Permanent Portfolio Short Term Treasury Fund has an expense ratio of 0.69 percent.
Risk is Low compared to funds in the same category according to Morningstar.