Fund Research for Flex-funds US Government Bond (FLXBX)

  • Fund Overview

    Fund Inception Date: May 07, 1985
    Category: Intermediate Government
    Overall Risk: Average
    Fund Family: Flex-funds
    Return Since Inception: 5.51%
    YTD Return: 3.65%
    Yield (TTM): 2.92%
    Net Assets: 16.68 M
    Morningstar Rating:
    2 of 5
    The investment seeks to maximize current income. The fund normally invests at least 80% of assets in U.S. government debt securities. It may invest in U.S. treasuries; agency securities such as Ginnie Maes, Sally Maes, Fanny Maes and Freddie Macs; and repurchase agreements involving these securities. The fund may invest in U.S. government securities having any maturity. It normally invests in short-term U.S. government securities if the adviser believes the risk/reward relationship of the bond market is positive.

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    Details
    Average Eff Duration —
    Average Eff Maturity —
    Average Credit Quality —
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/27/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 12/31/1998 to 10/31/2009
    Mouseover the chart to see values for each month.

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    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 3.65% 5.17% 5.36% 4.03% 3.62% 5.51%
    +/- Category -2.57% -3.60% -0.34% -0.55% -1.65% —
    +/- Barclays US Aggregate Bond TR USD — — — — 6.31% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 2.70% 7.07% 5.29% 3.59% 3.62% 5.51%
    Quarter (as of 09/30/2009) 2.25% 5.87% 5.30% 3.63% 3.61% 5.51%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/27/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/27/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 05/07/1985
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    US Government 49.60%
    Mortgage 27.59%
    Credit 14.21%
    Foreign 0.00%
    Cash 8.60%
    Bond Quality
    AAA —
    AA —
    A —
    BBB —
    BB —
    B —
    Below B —
    Not Rated —

    Asset Allocation

    Short Long Net Assets
    Cash — 8.60% 8.60%
    Stocks — 0.00% 0.00%
    Bonds — 91.40% 91.40%
    Other — 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)    		 — 0.00% 0.00%
    Data as of 10/31/2009 Data as of 10/31/2009 View Fund Portfolio

    Top 10 Holdings

    Maturity Date Total Holdings Value of Holdings Net Assets
    * United States Treas Nts 08/31/2014 1.5 M 1.51 M 9.16%
    - GNMA CMO 5% 07/20/2039 995,161.00 1.03 M 6.25%
    = FAMC 08/11/2014 1 M 1.02 M 6.22%
    = FHLMC 5.3% 05/12/2020 1 M 1.01 M 6.17%
    - GNMA 03/01/2039 988,186.00 1 M 6.10%
    = FHLMC 5% 06/25/2019 1 M 1 M 6.08%
    = Federal Hm Ln Banks 3% 04/07/2014 1 M 996,700.00 6.06%
    = FHLBA 05/20/2016 1 M 988,770.00 6.01%
    = FHLBA 3.25% 04/13/2015 1 M 988,320.00 6.01%
    = FNMA 4% 02/20/2024 1 M 987,620.00 6.01%
    + Increase - Decrease = No change * New since last portfolio
    Data as of 09/30/2009
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred —
    Taken from prospectus dated 04/30/2009
    Expense Ratio (based on net assets) 0.99%
    Taken from annual report dated 12/31/2008

  • Fund Management