RiverSource Sh Dur US Govt A 50606 Ameriprise Financial Center H27/5228 Minneapolis MN 55474
Phone: 888-791-3380
| Category: |
Short Government |
| Fund Family: |
RiverSource |
| Net Assets: |
538.42M |
| Year-to-Date Return: |
5.28% |
| Yield: |
4.01% |
| Morningstar Rating: |
 |
| Fund Inception Date: |
19-Aug-85 |
|
Scott R. Kirby
Lead Manager since
01-Jan-01 |
|
| Kirby is a portfolio manager with RiverSource Investments and serves as leader of the structured assets team. He joined the firm in 1979, left in 1985, and returned in 1987. Kirby began his investment career in 1979. |
| Min Initial Investment: |
$2,000 |
| Min Initial Investment, IRA: |
$0 |
| Min Initial Investment, AIP: |
$100 |
| Min Subsequent Investment: |
$100 |
| Min Subsequent Investment, IRA: |
$0 |
| Min Subsequent Investment, AIP: |
$100 |
|
|
|
| The investment seeks high level of current income and safety of principal. The fund normally invests at least 80% of assets in debt securities issued or guaranteed as to principal and interest by the U.S. government, or its agencies or instrumentalities. It may invest to a substantial degree in securities issued by various entities sponsored by the U.S. government. The fund seeks to maintain an average portfolio duration of one to three years. |
| Last Dividend
(17-Dec-07):
|
0.02 |
| Last Cap Gain
(22-Dec-99):
|
0.07 |
| Annual Holdings Turnover
|
168.00% |
| Average for Category:
|
148.54% |
|
| Expense |
IFINX |
Category Avg |
| Total Expense Ratio: |
0.89%
|
0.91% |
| Max 12b1 Fee: |
0.25%
|
N/A |
| Max Front End Sales Load: |
4.75%
|
2.82% |
| Max Deferred Sales Load: |
0.00%
|
2.30% |
| 3 Yr Expense Projection*: |
$774 |
$404 |
| 5 Yr Expense Projection*: |
$1,005 |
$636 |
| 10 Yr Expense Projection*: |
$1,667 |
$1,304 |
|
|