Home Contact
Login   |  Tell a Friend
Financial Optimization through Technology Innovation
mutual fund
 Top Fund Managers
Latest Mutual Fund News Latest Mutual Fund News

Financial Advisor Sponsor:Philip A. White


 Bookmark this site!
Follow FundMojo on Twitter
Get Fund Information

Get Stock News

(Enter Stock Symbol)

Partner Sites

Annuities
Wall Street Journal
eHealthInsurance
Fund Mojo on Facebook
Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | FMEQX Insights | FMEQX Score | FMEQX Performance | FMEQX Manager | FMEQX News | FMEQX Allocation | FMEQX Holdings Change

Mutual Fund Insights: Wasatch-1st Source Income Fund (FMEQX)

In-depth Analysis of Wasatch-1st Source Income Fund (FMEQX)

Mutual fund chart: Wasatch-1st Source Income Fund (FMEQX)

3 months
6 months
1 year
3 year
5 year

See Wasatch-1st Source Income Fund (FMEQX) performance details as of January 31, 2010

  

    Last Trade: $10.11 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Paul W. Gifford, Jr.

Fund Manager Tenure: 10.0 years
Fundmojo Fund Grade: B (Score: 0.66)     (What does this score mean?)
Gifford serves as Chief Investment Officer and Vice President of 1st Source and joined 1st Source Bank in April 2000. Mr. Gifford served as the portfolio manager of the 1st Source Monogram Income Fund from April 2000 through December 2008. From December 1990 to April 2000, he served as assistant vice president, portfolio manager and product manager with Bremer Trust, N.A. Gifford holds the Chartered Financial Analyst designation.  Get more insights on Paul W. Gifford, Jr.

  

What we like about Wasatch-1st Source Income Fund (FMEQX) What we like about Wasatch-1st Source Income Fund (FMEQX)

Data for Wasatch-1st Source Income Fund (FMEQX) as of January 31, 2010

  • Wasatch-1st Source Income Fund (FMEQX) management has been with Wasatch-1st Source Income Fund for 10.0 years
  • Wasatch-1st Source Income Fund (FMEQX) has good mid-term performance (3-year return 5.45% vs 3.73% Short-Term Bond category average)
  • Wasatch-1st Source Income Fund (FMEQX) has good Long-term performance (5-year return 4.17% vs 3.49% Short-Term Bond category average)
  • Wasatch-1st Source Income Fund (FMEQX) ratio of up-years vs down years is greater than 2
  • Wasatch-1st Source Income Fund (FMEQX) has a Morningstar rating of 4 and above
  • Wasatch-1st Source Income Fund (FMEQX) has an annual stock turnover rate of 28.00% vs Short-Term Bond average of 109.82%. It is good that Wasatch-1st Source Income management does not trade extensively for its return.
  • Wasatch-1st Source Income Fund (FMEQX) is less volatile than its peers as it has a 3-year Standard Deviation of 2.99, lower than category average of 3.36
  • Wasatch-1st Source Income Fund (FMEQX) has a lower management fee than its Short-Term Bond average: 0.82% vs 0.92%
  • Wasatch-1st Source Income Fund (FMEQX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

What we are cautious about Wasatch-1st Source Income Fund (FMEQX) What we are cautious about Wasatch-1st Source Income Fund (FMEQX)

Data for Wasatch-1st Source Income Fund (FMEQX) as of January 31, 2010

  • Wasatch-1st Source Income Fund (FMEQX) has a less-than-ideal short-term performance (1-year return 6.86% vs 9.51% Short-Term Bond category average)
  • Wasatch-1st Source Income Fund (FMEQX) is less safe compared to its Short-Term Bond peers
See Wasatch-1st Source Income Fund (FMEQX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar Short-Term Bond category?

Below are some additional Short-Term Bond mutual funds generated out of our database

  

Wasatch-1st Source Income Fund (FMEQX) Net Asset

Track net asset change of Wasatch-1st Source Income fund (FMEQX)

DateNet Asset
01/2010$122.43M
11/2009$118.42M
10/2009$115.85M
More historic net asset information on Wasatch-1st Source Income Fund (FMEQX)

  

Wasatch-1st Source Income Fund (FMEQX) Portfolio Allocation

Track portfolio allocation change of Wasatch-1st Source Income fund (FMEQX)

DateCashStockBondOther
09/20093.83%0%95.19%0.97%
06/20095.32%0%93.82%0.86%
03/20097.95%0%91.47%0.58%
Click here to see more historic asset allocation information on Wasatch-1st Source Income Fund (FMEQX)

  

Most Recent Top 10 Holdings in Wasatch-1st Source Income Fund (FMEQX)

Discover what Wasatch-1st Source Income Fund (FMEQX) manager is buying

30-Sep-09
United States Treas Nts 3.75% [4.74%]
US Treasury Note 1.625% [4.39%]
US Treasury Note 4.25% [3.84%]
FHLMC CMO 5.5% [2.06%]
GNMA CMO 5% [1.64%]
FHLBA 5% [1.49%]
FNMA [1.43%]
Citibank Ccit 2006-A4 5.45% [1.4%]
iShares iBoxx $ Invest Grade Corp Bond [1.31%]
FHLMC 5.5% [1.3%]

30-Jun-09
US Treasury Note 4.25% [5.52%]
US Treasury Note 1.625% [4.53%]
US Treasury Note [3.05%]
FHLMC CMO 5.5% [2.35%]
iShares iBoxx $ Invest Grade Corp Bond [1.79%]
GNMA CMO 5% [1.74%]
FHLBA 5% [1.58%]
Citibank Ccit 2006-A4 5.45% [1.48%]
FHLMC 5.5% [1.39%]
FNMA CMO 5% [1.27%]

31-Mar-09
US Treasury Note 4.25% [4.13%]
US Treasury Note 1.625% [4.01%]
FHLMC CMO 5.5% [2.86%]
iShares iBoxx $ Invest Grade Corp Bond [2.15%]
FHLBA 5% [1.75%]
Citibank Ccit 2006-A4 5.45% [1.58%]
FHLMC 5.5% [1.54%]
FNMA CMO 5% [1.4%]
FNMA 4.375% [1.4%]
US Treasury Note [1.36%]
Click here for Stock Holding Change Map in Wasatch-1st Source Income Fund (FMEQX)

  

Related books and products to Wasatch-1st Source Income Fund (FMEQX)

  

Latest News on Wasatch-1st Source Income (FMEQX)

See what is happening with Wasatch-1st Source Income Fund (FMEQX)

 

Books and Resources

 

 

See more information on Wasatch-1st Source Income Fund (FMEQX)