The Core Fund is a Short-term U.S. Government Bond Fund with both institutional and retail shares available for investors.

 

Under normal circumstances, the Fund's portfolio will the following characteristics:

 

  • Next day liquidity for orders received by 4:00 pm eastern time.
  • Minimum of 80% of Fund assets invested in U.S. Government bonds or equivalents
  • A dollar-weighted average maturity of 3 years or less
  • Duration of 2.0 or less
  •  

    CORE FUND QUOTE
    Morningstar
    I Shares - Search quote using SGBFX
    Y Shares - Search quote using SGBYX

    FUND RATING AS OF 02/09/2010

    Standard & Poor's Fund Ratings represent an opinion only, not a recommendation to buy or sell. The 'AAAf' credit quality rating reflects extremely strong protection against losses from credit defaults. The 'S1' volatility rating signifies that a fund provides low sensitivity to changing market conditions. Aggregate risk is less than or equal to a portfolio of government securities maturing in one to three years with no currency risk. Volatility ratings evaluate the fund's sensitivity to interest rate movements, credit risk, investment diversification or concentration, liquidity, leverage, and other factors. As part of our volatility analysis, S&P assessed the management, portfolio-level risk, target durations, and comparable return strategies of the Portfolio.

    Not all bond funds have volatility ratings, there is no standardized method for assigning ratings and there is no guarantee the Fund will have the same rating or perform in the future as rated. Consideration was paid to S&P by the Fund's advisor to perform the ratings analysis and assign the ratings. The portfolio composition may have changed since the date of the last rating