U.S. Global Investors U.S. Government Ultra-Short Bond Fund (UGSDX)

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U.S. Global Investors U.S. Government Ultra-Short Bond Fund (UGSDX) is up 1.3% since the beginning of the year. UGSDX is currently trading at $2 per share. Investors who bought $1,000 worth of UGSDX shares 5 years ago would now be looking at an investment worth $1,120.

U.S. Global Investors U.S. Government Ultra-Short Bond Fund (UGSDX) has returned 1.32% so far this year and 3.51% over the past 12 months. Over the last ten years, UGSDX has returned 1.57% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Jan 6, 2014, UGSDX's average daily return is +0.01%, while the average monthly return is +0.11%. At this rate, an investment would double in approximately 52.5 years.

Historically, 73% of months were positive and 27% were negative. The best month was Nov 2023 with a return of +0.9%, while the worst month was Mar 2022 at -1.0%. The longest winning streak lasted 29 consecutive months, and the longest losing streak was 3 months.

On a daily basis, UGSDX closed higher 6% of trading days. The best single day was Sep 29, 2017 with a return of +0.6%, while the worst single day was Sep 22, 2022 at -0.5%.

U.S. Global Investors U.S. Government Ultra-Short Bond Fund has an annualized alpha of 1.40%, beta of -0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 07, 2014.

• This fund captured 3.40% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -2.42%) - a profile typical of hedging or uncorrelated assets.
• Beta of -0.00 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

UGSDX has a high expense ratio of 1.06%, indicating above-average management fees.

The table below present risk-adjusted performance metrics for U.S. Global Investors U.S. Government Ultra-Short Bond Fund (UGSDX) and compare them to S&P 500 Index.

U.S. Global Investors U.S. Government Ultra-Short Bond Fund provided a 3.45% dividend yield over the last twelve months, with an annual payout of $0.07 per share.

The table displays the monthly dividend distributions for U.S. Global Investors U.S. Government Ultra-Short Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the U.S. Global Investors U.S. Government Ultra-Short Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the U.S. Global Investors U.S. Government Ultra-Short Bond Fund was 2.83%, occurring on Sep 29, 2022. Recovery took 189 trading sessions.

The chart below shows the rolling one-month volatility.