AMF US Government Mortgage
AMF (Asset Management Fund)230 W Monroe StreetChicago, IL 60606
Map
Phone: 800-247-9780
| Category: | Intermediate Government | | Fund Family: | AMF | | Net Assets: | 20.72M | | Year-to-Date Return: | -0.53% | | Yield: | 2.11% | | Morningstar Rating: |  | | Fund Inception Date: | Jan 22, 1984 |
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Sean Kelleher
Lead Manager since Aug 10, 2009 | | | Kelleher is a vice president and portfolio manager with Alliance Capital Management. He joined the firm in 1999 as a member of the high grade and mortgage fixed income group. Previously, he was a dealer in agency passthroughs and managed the MBS swaps desk for Deutsche Bank Securities. Prior to that, he managed the agency passthrough trading desk at Norura Securities International and traded CMO's and passthroughs at Merrill Lynch. He also worked in fixed income research for Merrill Lynch. |
| Min Initial Investment: | 10,000 | | Min Initial Investment, IRA: | N/A | | Min Initial Investment, AIP: | N/A | | Min Subsequent Investment: | 0 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks to achieve as high a level of current income as is consistent with the preservation of capital, the maintenance of liquidity and the differing average maturity of investments held by the fund.
The fund will invest exclusively in mortgage-related investments issued or guaranteed by the U.S. government or issued or guaranteed by U.S. government agencies or instrumentalities and repurchase agreements backed by such investments and other money market instruments for temporary defensive purposes. It seeks to maintain a minimum duration of a 2-Year U.S. Treasury Note, and a maximum duration of a 6-Year U.S. Treasury Note. |
| Last Dividend
(Apr 29, 2013)
:
| 0.01 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 15, 2013)
:
| 65.00% | | Average for Category: | 232.39% |
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| Expense | ASMTX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 0.75% | 0.97% | | Prospectus Net Expense Ratio: | 0.75% | N/A | | Prospectus Gross Expense Ratio: | 0.78% | N/A | | Max 12b1 Fee: | 0.15% | N/A | | Max Front End Sales Load: | N/A | 3.89% | | Max Deferred Sales Load:
| N/A | 2.62% | | 3 Yr Expense Projection*: | 240 | 437 | | 5 Yr Expense Projection*: | 417 | 661 | | 10 Yr Expense Projection*: | 930 | 1,296 |
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0.03(0.34%) May 17