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Government Bond Fund - A (OGGAX)

Government Bond Fund - A (OGGAX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Top ten holdings (as of 8/31/2015)
1. U.S. Treasury Coupon STRIPS, 2.00%, 5/15/2020 5.2%
2. U.S. Treasury Inflation Indexed Bonds, 1.38%, 2/15/2044 4.6%
3. U.S. Treasury Notes, 2.63%, 11/15/2020 4.5%
4. Residual Funding Corp. STRIPS, 2.08%, 7/15/2020 4.1%
5. Residual Funding Corp. STRIPS, 5.61%, 10/15/2019 2.5%
6. Federal National Mortgage Association, 0.00%, 10/9/2019 2.2%
7. U.S. Treasury Notes, 4.25%, 11/15/2017 2.1%
8. U.S. Treasury Bonds, 5.25%, 11/15/2028 2.1%
9. U.S. Treasury Notes, 2.00%, 4/30/2016 2.0%
Total of top ten 29.3%
Portfolio breakdown* (as of 8/31/2015)
Collateralized Mortgage Obligations 38.6%
Mortgage Pass-Through Securities 5.6%
Short-Term Investments 6.6%
U.S. Government Agency Securities 20.2%
U.S. Treasury Obligations 27.9%
Other 1.0%

* Due to rounding, values may not total 100%.

Average life* (as of 8/31/2015)
Less than one year 13.5%
Years 1-3 7.7%
Years 3-5 31.2%
Years 5-7 23.7%
Years 7-10 6.9%
Years 10-20 12.0%
Years 20-30 5.1%
Duration 5.07 years
Average Life 6.33 years

* Due to rounding, values may not total 100%.

Portfolio stats (as of 8/31/2015)
Number of Holdings 321
Fund Assets $1.28
(in billions)
Turnover Ratio 17.94%
(Trailing 12 month) (2/28/2015)
Yield to maturity 2.00%
Quality* (as of 8/31/2015)
AAA 97.9%
AA 2.2%

The manager receives credit quality ratings on underlying securities of the portfolio from the three major ratings agencies - S&P, Moody's and Fitch. When calculating the credit quality breakdown, the manager selects the middle rating of the agencies when all three agencies rate a security. The manager will use the lower of the two ratings if only two agencies rate a security and will use one rating if that is all that is provided. Securities that are not rated by all three agencies are reflected as such.

* Due to rounding, values may not total 100%.

What's this? Mouse over an  underlined  word to see its definition. Check out our glossary >

The Fund's fixed income securities are subject to interest rate risk. If rates increase, the value of the Fund's investments generally declines.

Ordinarily the Fund will invest at least 80% of its total assets in securities which are guaranteed by the U.S. government and its agencies and instrumentalities so long as such securities are backed by the full faith and credit of the United States.

The Fund may invest in derivatives that may be riskier than other types of investments because they may be more sensitive to changes in economic or market conditions and could result in losses that significantly exceed the Fund's original investment. Many derivatives create leverage that can cause the Fund to be more volatile than it would be if it had not used derivatives.

Total return assumes reinvestment of income.

The top 10 holdings listed reflect only the Fund's long-term investments. Short-term investments are excluded. Holdings are subject to change. The holdings listed should not be considered recommendations to purchase or sell a particular security. Each individual security is calculated as a percentage of the aggregate market value of the securities held in the Fund and does not include the use of derivative positions, where applicable.