Top 5 Zacks #1 Ranked Government Bond Mutual Funds - Best of Funds
15 December 2012 - 4:15AM
Zacks
Mutual funds investing in debt securities are among the most
secure investment options which provide regular income while
protecting capital invested. Funds which are part of this category
bring a great deal of stability to portfolio which a large
proportion of equity, while providing dividends more frequently
than individual bonds. U.S government bonds funds usually invest in
Treasury bills, notes and securities issued by government agencies.
They are considered to be the safest in the bond fund category and
are ideal options for the risk-averse investor.
Below we will share with you 5 top rated government bond mutual
funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect
these mutual funds to outperform their peers in the future. To view
the Zacks Rank and past performance of all government bond funds,
investors can click here to see the complete list of funds.
Schwab Treasury Inflation Protected Securities (SWRSX)
invests heavily in Treasury Inflation Protected Securities (TIPS).
Under extraordinary circumstances it may utilize all its assets to
purchase short term high quality instruments as well as in cash and
cash equivalents. The government bond mutual fund returned 7.74%
over the last one year period.
The government bond mutual fund has an expense ratio of 0.29%
compared to a category average of 0.80%.
Direxion Monthly 10 Year Note Bull 2X (DXKLX) seeks
monthly returns which are 2x the returns of the NYSE Current
10-Year U.S. Treasury Index. The fund invests the majority of its
assets in domestic government securities that may consist of index
and financial securities to create long positions. It may also
invest in short term securities with high credit quality. The
government bond mutual fund returned 11.24% over the last one year
period.
The Fund Manager is Paul Brigandi and he has managed this
government bond fund since 2005.
American Century Zero Coupon (BTTTX) invests heavily in
zero-coupon securities, mainly in U.S. Treasury securities and
their equivalents. A maximum of 20% of its assets may be invested
in AAA-rated zero-coupon U.S. government agency securities. The
government bond mutual fund returned 11.24% over the last one year
period.
As of September 2012, this government bond mutual fund held 36
issues, with 19.22% of its total assets invested in US Treasury Sec
Stripped Int Pmt.
Rydex Government Long Bond 1.2x Strategy (RYGBX) seeks
returns which are 1.2x the returns of long term U.S Treasury Bonds.
The fund invests in a variety of derivative instruments and U.S
Government securities to achieve its investment objective. The
government bond mutual fund returned 12.70% over the last one year
period.
The government bond mutual fund has an expense ratio of 0.95%
compared to a category average of 0.82%.
Wasatch-Hoisington US Treasury (WHOSX) invests at least
90% of its assets in U.S Treasury securities and repurchase
agreements backed by such instruments. The fund also purchases long
term U.S. Treasury Bonds. The government bond mutual fund returned
12.23% over the last one year period.
The Fund Manager is Van Robert Hoisington and he has managed
this government bond fund since 1996.
To view the Zacks Rank and past performance of all government
bond mutual funds, investors can click here to see the complete
list of funds.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find
funds that not only outpaced the market in the past but are also
expected to outperform going forward. Learn more about the Zacks
Mutual Fund Rank at http://www.zacks.com/funds.
View All Zacks #1 Ranked Mutual Funds
(BTTTX): ETF Research Reports
(DXKLX): ETF Research Reports
(RYGBX): ETF Research Reports
(SWRSX): ETF Research Reports
(WHOSX): ETF Research Reports
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