Ultra Short Government Fund : Overview

Fact Sheet
Quarterly Commentary

Fund Statistics

As of September 30, 2019
Total Net Assets (Millions) n/a
Net Asset Value (NAV)
Expense Ratio %
Fund Expense Ratio After Reductions*:
Sales Charges None
Redemption Charge None
Minimum Investment n/a
Ticker Symbol
CUSIP Number
Fund Number
Inception Date n/a
Fund Manager

Morningstar Rating :

As of October 31, 2019

Morningstar Analyst Rating :

As of October 31, 2019

Morningstar Style Box :

As of October 31, 2019

Ultra Short Government Fund Objective

The Ultra Short Government Fund is an ‘ultra short-term’ fund which strives to generate current income consistent with the preservation of capital and the maintenance of liquidity.  The fund invests at least 80% of its assets in debt obligations issued or guaranteed by the U.S. Government. The balance of the Fund’s assets may be invested in U.S. dollar-denominated investment grade debt securities.  The effective duration of the portfolio is expected to be one year or less.

Effective December 16, 2016, the Ultra Short Government Fund is not a “money market fund” and does not seek to maintain a stable net asset value (NAV).

Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so.  An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.  The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
*Annualized for the six months ended September 30, 2016. The investment advisor has agreed in writing to limit the total annual fund operating expenses (excluding taxes, interest, brokerage costs, acquired fund fees and expenses and extraordinary expenses) to 0.20% of the Fund’s average daily net assets through July 31, 2017. The voluntary limit may be changed at any time.