C000038539 Performance — Government & High Quality Bond Account, Class 1
Data updated: 2026-08-25
C000038539 returned +0.82% year to date and +4.35% over one year to Jun 2026. Annualised returns are +4.00% over 3 years and +0.04% over 5 years. The fund trailed its Intermediate Securitized Bond category average: $100 invested three years ago grew to $112, against $116 for the category, and to $104 over one year, against $105. Volatility over the past three years was 6.37% a year. In the 12 months to Jun 2026 the fund lost a net $5.4M, and assets reached $103.66M.
C000038539 Growth of $100
What $100 invested in Government & High Quality Bond Account grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Securitized Bond category average over the same months.
| Period | C000038539 | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $104 | $105 |
| 3 years (Jul 2023 – Jun 2026) | $112 | $116 |
| 5 years (Jul 2021 – Jun 2026) | $100 | $105 |
| Since data start (Jul 2019 – Jun 2026) | $105 | $113 |
C000038539 Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.82% |
| 1 year | +4.35% |
| 3 years (annualised) | +4.00% |
| 5 years (annualised) | +0.04% |
C000038539 Annual Returns
Calendar-year total returns of Government & High Quality Bond Account, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.82% |
| 2025 | +7.90% |
| 2024 | +0.62% |
| 2023 | +4.65% |
| 2022 | −11.82% |
| 2021 | −1.33% |
| 2020 | +2.87% |
| 2019 (Jul–Dec) | +1.93% |
C000038539 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.5% | +1.6% | −1.7% | +0.1% | +0.1% | +0.2% | — | — | — | — | — | — |
| 2025 | +0.5% | +2.5% | 0.0% | +0.5% | −1.1% | +1.8% | −0.5% | +1.6% | +1.1% | +0.7% | +0.6% | −0.1% |
| 2024 | −0.5% | −1.7% | +1.0% | −3.0% | +2.0% | +1.2% | +2.6% | +1.6% | +1.2% | −3.2% | +1.3% | −1.8% |
| 2023 | +3.4% | −2.7% | +2.2% | +0.5% | −0.8% | −0.6% | −0.1% | −1.1% | −3.0% | −1.9% | +5.1% | +4.1% |
| 2022 | −1.5% | −0.6% | −2.8% | −3.2% | +1.0% | −1.7% | +3.1% | −3.4% | −5.0% | −1.6% | +4.3% | −0.7% |
| 2021 | +0.1% | −0.3% | −0.4% | +0.4% | −0.3% | 0.0% | +0.5% | −0.2% | −0.3% | −0.4% | −0.2% | −0.2% |
| 2020 | +0.8% | +1.0% | −1.0% | +1.2% | +0.4% | 0.0% | +0.2% | 0.0% | +0.1% | +0.1% | −0.3% | +0.3% |
| 2019 | — | — | — | — | — | — | +0.3% | +1.1% | −0.1% | +0.4% | +0.1% | +0.1% |
C000038539 Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 6.37%
- 3-year Sharpe ratio: -0.08 (vs 4.5% risk-free rate)
- Best month: +5.06% (Nov 2023)
- Worst month: −3.17% (Oct 2024)
C000038539 Fund Flows
Monthly money in and out of Government & High Quality Bond Account, from SEC Form N-PORT.
- 12-month net flow: −$5.4M
- 12-month gross sales (incl. reinvestments): $15.7M
- Sales ÷ redemptions: 0.74×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.2M | $1.6M | −$454K |
| May 2026 | $690K | $1.6M | −$913K |
| Apr 2026 | $518K | $1.9M | −$1.4M |
| Mar 2026 | $2.2M | $2.1M | $37K |
| Feb 2026 | $679K | $1.0M | −$338K |
| Jan 2026 | $1.0M | $2.3M | −$1.3M |
| Dec 2025 | $629K | $3.6M | −$2.9M |
| Nov 2025 | $684K | $1.6M | −$916K |
| Oct 2025 | $1.6M | $2.3M | −$722K |
| Sep 2025 | $4.5M | $760K | $3.8M |
| Aug 2025 | $1.2M | $985K | $227K |
| Jul 2025 | $827K | $1.3M | −$495K |
C000038539 Assets Under Management
Net assets of Government & High Quality Bond Account by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $103.66M |
| 2026-03-31 | $105.94M |
| 2025-12-31 | $107.15M |
| 2025-09-30 | $110.36M |
| 2025-06-30 | $108.29M |
| 2025-03-31 | $111.89M |
| 2024-12-31 | $111.21M |
| 2024-09-30 | $119.37M |
| 2024-06-30 | $115.34M |
| 2024-03-31 | $118.37M |
| 2023-12-31 | $121.68M |
| 2023-09-30 | $119.35M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.