U.S. Global Investors U.S. Government Ultra-Short Bond Fund (UGSDX)
The fund invests at least 80% of its net assets in United States Treasury debt securities and obligations of agencies and instrumentalities of the United States, including repurchase agreements collateralized with such securities.
Fund Info
| ISIN | US9114768859 |
|---|---|
| Issuer | U.S. Global Investors |
| Inception Date | Dec 2, 2013 |
| Category | Ultrashort Bond |
| Min. Investment | $5,000 |
| Asset Class | Bond |
Expense Ratio
UGSDX has a high expense ratio of 1.06%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: UGSDX vs. ^GSPC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in U.S. Global Investors U.S. Government Ultra-Short Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
U.S. Global Investors U.S. Government Ultra-Short Bond Fund had a return of 3.45% year-to-date (YTD) and 4.09% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.45% | 25.82% |
| 1 month | 0.36% | 3.20% |
| 6 months | 2.02% | 14.94% |
| 1 year | 4.09% | 35.92% |
| 5 years (annualized) | 1.18% | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of UGSDX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.36% | 0.36% | 0.31% | -0.15% | 0.36% | 0.26% | 0.83% | 0.36% | 0.37% | 0.36% | 3.45% | ||
| 2023 | 0.26% | 0.25% | 0.78% | -0.20% | 0.26% | 0.31% | 0.31% | 0.31% | 0.31% | 0.36% | 0.93% | 0.21% | 4.14% |
| 2022 | -0.51% | 0.00% | -1.01% | 0.00% | 0.00% | 0.01% | 0.05% | -0.46% | -0.42% | 0.16% | 0.26% | 0.25% | -1.65% |
| 2021 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -0.50% | 0.00% | 0.00% | 0.00% | -0.50% |
| 2020 | 0.10% | 0.10% | 0.05% | 0.05% | 0.05% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.37% |
| 2019 | 0.15% | 0.10% | 0.10% | 0.10% | 0.10% | 0.55% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of UGSDX is 76, placing it in the top 24% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for U.S. Global Investors U.S. Government Ultra-Short Bond Fund (UGSDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
U.S. Global Investors U.S. Government Ultra-Short Bond Fund provided a 4.01% dividend yield over the last twelve months, with an annual payout of $0.08 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.08 | $0.07 | $0.02 | $0.00 | $0.01 | $0.03 | $0.02 | $0.01 | $0.00 | $0.01 | $0.00 |
Dividend yield | 4.01% | 3.54% | 0.88% | 0.00% | 0.37% | 1.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.07 | |
| 2023 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.07 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.02 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | ||||
| 2016 | $0.00 | $0.00 | |||||||||||
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | ||||
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
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 2.89%, occurring on Sep 22, 2022. Recovery took 223 trading sessions.
The current U.S. Global Investors U.S. Government Ultra-Short Bond Fund drawdown is 0.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.89% | Sep 15, 2021 | 258 | Sep 22, 2022 | 223 | Aug 14, 2023 | 481 |
| -0.51% | Dec 28, 2023 | 1 | Dec 28, 2023 | 10 | Jan 12, 2024 | 11 |
| -0.51% | Jan 17, 2024 | 1 | Jan 17, 2024 | 4 | Jan 23, 2024 | 5 |
| -0.51% | Apr 1, 2024 | 1 | Apr 1, 2024 | 1 | Apr 2, 2024 | 2 |
| -0.51% | Apr 10, 2024 | 1 | Apr 10, 2024 | 2 | Apr 12, 2024 | 3 |
Volatility
Volatility Chart
The current U.S. Global Investors U.S. Government Ultra-Short Bond Fund volatility is 0.54%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.