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Federated Gov Ultrashort Duration A (FGUAX) Fund Ranking and Research

Ranking, Research and Recommendation of Federated Gov Ultrashort Duration A (FGUAX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Federated Gov Ultrashort Duration A Fund (FGUAX) ManagerFund Manager - Susan R. Hill

Fund Manager Information

Fund Manager Tenure: 22.7 years
Similar Funds: FGUSX 
Fund Family: Federated
Fund Category: Ultrashort Bond
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.48)     (What does this score mean?)
Hill is vice president and portfolio manager with Federated Investment, her employer since 1990. She has been a senior portfolio manager since 2003 and a senior vice president of the Federated since 2005. Hill was a portfolio manager from 1994 until 2003, and served as vice president of Federated from 1997 until 2004 and an assistant vice president from 1994 until 1997. Previously, she worked for the U. S. Treasury Department. Hill holds the Chartered Financial Analyst designation.  Get more insights on Susan R. Hill

 

Graph of Federated Gov Ultrashort Duration A Fund (FGUAX) ProfileFederated Gov Ultrashort Duration A Fund (FGUAX) Profile

Fund Profile and Description

Federated Gov Ultrashort Duration A Fund seeks current income. Federated Gov Ultrashort Duration A Fund invests in a portfolio of U.S. government securi¬ties and U.S. government agency securities with an overall dollar-weighted average duration of one year or less. It implements the strategy by dividing its portfolio into two major components. Federated Gov Ultrashort Duration A Fund invests one component in U.S. government securities that are eligible for purchase by money market funds. It invests the other component in mortgage-backed secu¬rities issued or guaranteed by GSEs. Federated Gov Ultrashort Duration A Fund also intends to qualify as a permissible investment for federal credit unions and savings associations, and as an appropriate direct investment for national banks.

 

Federated Gov Ultrashort Duration A (FGUAX) Fund Strength What we like about Federated Gov Ultrashort Duration A (FGUAX) Fund

Data for Federated Gov Ultrashort Duration A Fund (FGUAX) as of May 30, 2016

  • Federated Gov Ultrashort Duration A Fund (FGUAX) management has been with Federated Gov Ultrashort Duration A Fund for 22.7 years
  • Federated Gov Ultrashort Duration A Fund (FGUAX) ratio of up-years vs down years is greater than 2
  • Federated Gov Ultrashort Duration A Fund (FGUAX) has an annual stock turnover rate of 22.00% vs Ultrashort Bond average of 81.31%. It is good that Federated Gov Ultrashort Duration A management does not trade extensively for its return.
  • Federated Gov Ultrashort Duration A Fund (FGUAX) is less volatile than its peers as it has a 3-year Standard Deviation of 0.31, lower than category average of 0.47

Federated Gov Ultrashort Duration A Fund (FGUAX) Weakness What we are cautious about Federated Gov Ultrashort Duration A (FGUAX) Fund

Data for Federated Gov Ultrashort Duration A Fund (FGUAX) as of May 30, 2016

  • Federated Gov Ultrashort Duration A Fund (FGUAX) has a less-than-ideal short-term performance (1-year return -0.61% vs 0.52% Ultrashort Bond category median performance)
  • Federated Gov Ultrashort Duration A Fund (FGUAX) has a less-than-ideal mid-term performance (3-year return -0.34% vs 0.51% Ultrashort Bond category median performance)
  • Federated Gov Ultrashort Duration A Fund (FGUAX) has a less-than-ideal Long-term performance (5-year return -0.18% vs 0.74% Ultrashort Bond category median performance)
  • Federated Gov Ultrashort Duration A Fund (FGUAX) has a Morningstar rating of 3 and below
  • Federated Gov Ultrashort Duration A Fund (FGUAX) is less safe compared to its Ultrashort Bond peers
  • Federated Gov Ultrashort Duration A Fund (FGUAX) does not have a good risk adjusted return as its 3-year Alpha of -0.37 is worse than category average of 0.2, and its 3-year Sharpe ratio is -1.32
  • Federated Gov Ultrashort Duration A Fund (FGUAX) has a higher expense ratio of 0.70% than its Ultrashort Bond average of 0.51%
  • Federated Gov Ultrashort Duration A Fund (FGUAX) carries a 2% load
  • Asset base in Federated Gov Ultrashort Duration A Fund (FGUAX) has been consistently decreasing in the last 2 months. It shows lacks of investor confidence and market support
See Federated Gov Ultrashort Duration A Fund (FGUAX) performance details as of May 30, 2016

 

What do you think?

 

Compare Federated Gov Ultrashort Duration A Fund (FGUAX)Compare with other top Ultrashort Bond category mutual funds

Aadditional top Ultrashort Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Federated Gov Ultrashort Duration A-0.20-0.61-0.34-0.18
Touchstone Ultra Short Dur F/I Z (TSDOX)0.770.780.670.99Compare
Wells Fargo Advantage Ultra S/T Inc I (SADIX)0.911.090.850.99Compare
Metropolitan West Ultra Short Bond I (MWUIX)0.390.350.651.42Compare

See top fund managers for Ultrashort Bond Category Funds

 

Compare Federated Gov Ultrashort Duration A Fund (FGUAX)Compare with Ultrashort Bond category ETFs

Some Ultrashort Bond ETFs for your consideration

ETFYear to DateOne YearThree Year
PIMCO Enhanced Short Maturity Active ETF (MINT)0.93%0.86%0.77%
Market Vectors Investment Grd Fl Rt ETF (FLTR)0.94%0.36%0.49%
iShares Floating Rate Bond (FLOT)000
SPDR Barclays 1-3 Month T-Bill ETF (BIL)000

 

Graph of Federated Gov Ultrashort Duration A Fund (FGUAX) Net Asset TrackingFederated Gov Ultrashort Duration A (FGUAX) Fund Net Asset

Track net asset change of Federated Gov Ultrashort Duration A fund (FGUAX)

DateNet Asset
05/2016$720.50M
03/2016$763.70M
02/2016$838.55M
More historic net asset information on Federated Gov Ultrashort Duration A Fund (FGUAX)

  

Graph of Federated Gov Ultrashort Duration A Fund (FGUAX) Portfolio TrackingFederated Gov Ultrashort Duration A (FGUAX) Fund Portfolio Allocation

Track portfolio allocation change of Federated Gov Ultrashort Duration A fund (FGUAX)

DateCashStockBondOther
03/201626.43%0%67.27%6.3%
12/201524.96%0%69.61%5.43%
09/201527.98%0%66.11%5.91%
Click here to see more historic asset allocation information on Federated Gov Ultrashort Duration A Fund (FGUAX)

 

graph of Federated Gov Ultrashort Duration A Fund (FGUAX) Top 10 Position TrackingTop 10 Holdings in Federated Gov Ultrashort Duration A (FGUAX) Fund

Discover what Federated Gov Ultrashort Duration A Fund (FGUAX) manager is buying

Mar 30, 2016
Federal National Mortgage Association Remic 2012-116 Fa .733% 10/25/2042 [4.71%]
GNMA CMO [2.25%]
FNMA FRN [2.07%]

Dec 30, 2015
Federal National Mortgage Association Remic 2012-116 Fa, .722%, 10/25/2042 [4.92%]
GNMA CMO [2.36%]
FNMA FRN [2.15%]

Sep 29, 2015
Federal National Mortgage Association Remic 2012-116 Fa .494% 10/25/2042 [4.73%]
GNMA CMO [2.2%]
FNMA FRN [2.06%]
Click here for Stock Holding Change Map in Federated Gov Ultrashort Duration A Fund (FGUAX)

  

Latest News on Federated Gov Ultrashort Duration A (FGUAX) Fund

See what is happening with Federated Gov Ultrashort Duration A Fund (FGUAX)

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Federated Gov Ultrashort Duration A Fund (FGUAX) Related ResourcesSee more information on Federated Gov Ultrashort Duration A (FGUAX) Fund

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