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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 15.72  /  −0.11 %
  • Total Assets 32.1 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 High/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.51%
  • Effective Duration 2.30 years

USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 12:08 AM 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.

Commerce Shrt-Term Government Instl boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at 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 —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

3.47 1.1 Mil
Government

State Street Instl US Govt MMkt Premier

3.19 998,780
Cash and Equivalents

United States Treasury Notes 1.5%

3.11 973,008
Government

United States Treasury Bills 0%

3.07 959,631
Government

Federal National Mortgage Association 0.625%

3.04 952,254
Government

Federal Home Loan Mortgage Corp. 0.375%

3.01 941,314
Government

United States Treasury Notes 1%

2.94 919,719
Government

Federal National Mortgage Association 5.78613%

2.71 847,252
Securitized

United States Treasury Bills 0%

2.39 746,255
Government

United States Treasury Notes 2.125%

2.34 733,184
Government