American Funds U.S. Government Securities benefits from a solid team focused on providing straightforward government exposure while nimbly positioning around rates and mortgages. It earns a Morningstar Analyst Rating of Silver on its cheapest share classes, while its pricier shares range from Bronze to Neutral.
Morningstar’s Fund Analysis CGTAX
Will CGTAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CGTAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CGTAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of CGTAX’s parent organization’s priorities and whether they’re in line with investors’ interests.