Performance
Trailing returns
| 1 day |
| -0.09% | |||
| 1 week |
| -0.34% | |||
| 4 week |
| -0.77% | |||
| 3 month |
| -0.27% | |||
| YTD |
| -0.32% | |||
| 1 year | +1.32% |
| |||
| 3 years* | +4.96% |
| |||
| 5 years* | +6.59% |
| |||
| *annualized | |||||
| Best 3 month return | +6.29% | |
| Worst 3 month return | -2.03% |
Morningstar statistics
Morningstar category: Intermediate Government
| Return | Risk | Rating | |
| 3 years | Above Average | Average |
 
|
| 5 years | High | Average |
|
| 10 years | High | Average |
|
| Overall | High | Average |
|
Key statistics
| Total assets | 45.08M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.93% | |
| Management fee | - | |
| Fund family | Target Program |
Asset allocation
| Cash | 29.37% | |
| Stocks | 0.00% | |
| Bonds | 71.97% | |
| Other | -1.34% |
Purchase information
| Initial | $0 |
10.64-0.03(-0.28%)
May 22, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks high current income with a secondary investment objective of capital appreciation. The fund normally invests at least 80% of its investable assets in mortgage-backed debt securities. These securities will usually be mortgage-related securities issued or guaranteed by U.S. government agencies. It may invest up to 25% of its total assets in privately issued mortgage-related securities (which are not guaranteed by the U.S. Government). The fund may also invest in asset-backed securities like automobile loans and credit card receivables.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
Michael Garrett (Started: Feb 25, 2010)
Michael Garrett (Started: Feb 25, 2010)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 0.85 | 2.03 | 3.93 | 1.41 | |
| Beta* | 0.45 | 0.64 | 0.48 | 0.61 | |
| Mean annual return | 0.21 | 0.46 | 0.56 | 0.43 | |
| R-squared* | 55.50 | 65.84 | 25.83 | 49.99 | |
| Standard deviation | 1.18 | 1.91 | 3.31 | 3.03 | |
| Sharpe ratio | 2.07 | 2.84 | 1.94 | 1.09 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Irs Usd Rec Float11/15/14 | 8.40% | |
| Irs Usd Pay Fix 11/15/14 | 8.40% | |
| Govt Natl Mtg Asso 3.5% | 7.73% | |
| Fannie Mae Single Family TBA 5.5% 2043-04-01 | 6.80% | |
| Ginnie Mae Jumbos TBA 4.5% 2043-04-01 | 5.49% | |
| Freddie Mac Gold Single Family TBA 4% 2043-04-01 | 4.47% | |
| FHLMC 3.5% | 3.71% | |
| Usm3 Comdty | 3.33% | |
| Ginnie Mae Single Family TBA 4% 2043-04-01 | 3.10% | |
| Fannie Mae Single Family TBA 3% 2028-04-01 | 2.85% |