3 / 5 Stars
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 50 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 -0.18 percent over the past year, 0.35 percent over the past three years, 1.12 percent over the past five years, and 2.35 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-0.1%|
|3 Years (Annualized)||0.3%|
|5 Years (Annualized)||1.1%|
|10 Years (Annualized)||2.4%|
The investment seeks to achieve a high level of current income, consistent with low volatility of principal, by investing in obligations authorized under the Federal Credit Union Act. Under normal circumstances, the fund invests at least 80% of the net assets (measured at the time of purchase) in U.S. government securities, including mortgage-related securities representing an interest in or collateralized by other mortgage-related securities and/or in repurchase agreements collateralized by U.S. government securities. It is expected that a substantial portion of the assets will be invested in mortgage-related securities.
Fees are Low compared to funds in the same category.
Trust For Credit Unions Ultra-Short Duration Government Portfolio has an expense ratio of 0.34 percent.
Risk is Low compared to funds in the same category according to Morningstar.