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Morningstar

Commerce Shrt-Term Government Instl CFSTX

Morningstar Medalist Rating
Medalist Rating as of | See Commerce Investment Hub
  • NAV / 1-Day Return 15.56  /  0.15 %
  • Total Assets 31.4 Mil
  • Adj. Expense Ratio
    0.680%
  • Expense Ratio 0.680%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Short Government
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.03%
  • Effective Duration —

USD | NAV as of Nov 27, 2023 | 1-Day Return as of Nov 27, 2023, 11:13 PM GMT+0

Morningstar’s Analysis CFSTX

Will CFSTX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CFSTX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the CFSTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of CFSTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Commerce Shrt-Term Government Instl's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings CFSTX

More CFSTX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 136
  • Other Holdings 3
  • % Assets in Top 10 Holdings 25.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.625%

4.06
1,297,605
Government

United States Treasury Notes 1.5%

3.00
956,758
Government

Federal National Mortgage Association 0.625%

2.92
931,582
Government

Federal Home Loan Mortgage Corporation 0.375%

2.88
919,171
Government

United States Treasury Notes 1%

2.83
902,166
Government

Federal National Mortgage Association 5.77943%

2.72
866,944
Securitized

Federal Home Loan Mortgage Corporation 5.25%

2.34
745,535
Government

United States Treasury Notes 2.125%

2.26
722,607
Government

Federal Home Loan Mortgage Corporation 2%

2.19
700,322
Securitized

Federal Home Loan Banks 4.875%

2.18
696,100
Government