Commerce Short Term Government Fund (CFSTX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
16.19
+0.01 (0.06%)
At close: Jul 9, 2026
Fund Assets23.01M
Expense Ratio0.68%
Min. Investment$1,000
Turnover39.00%
Dividend (ttm)0.43
Dividend Yield2.64%
Dividend Growth32.78%
Payout FrequencyMonthly
Ex-Dividend DateJun 30, 2026
Previous Close16.18
YTD Return-0.50%
1-Year Return2.01%
5-Year Return4.12%
52-Week Low16.18
52-Week High16.58
Beta (5Y)0.07
Holdings112
Inception DateDec 12, 1994

About CFSTX

Commerce Short-Term Government Fund is an actively managed mutual fund focused on generating current income while emphasizing preservation of principal. The fund primarily invests in U.S. government securities and government mortgage‑backed securities, positioning its portfolio in the short end of the yield curve to moderate interest‑rate sensitivity. Managed by a dedicated fixed income team, it pursues a conservative profile with a low-to-moderate risk posture typical of short-duration government strategies. The fund typically maintains substantial exposure to obligations issued or guaranteed by the U.S. Treasury and federal agencies, complemented by agency mortgage-backed pass-throughs that can enhance income while keeping credit risk constrained. With an inception dating back to 1994, it serves investors seeking a core defensive bond allocation for liquidity management, cash segmentation, or ballast within diversified portfolios. Key portfolio characteristics such as effective duration and sector mix are managed to align with its income-and-stability objective, with holdings that may include Treasury notes, bills, and high-quality government money market instruments. The fund’s role in the market centers on delivering steady income and capital stability across changing rate environments through high-quality government exposure.

Fund Family Commerce
Category Short Government
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol CFSTX
Share Class Shares
Index Bloomberg 1-5 Y Government TR

Performance

CFSTX had a total return of 2.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.39%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
VSGBXVanguardVanguard Short-Term Federal Fund Investor Shares0.20%

Top 10 Holdings

46.33% of assets
NameSymbolWeight
United States Treasury - U.S. Treasury NotesT.3.875 12.31.299.99%
United States Treasury - U.S. Treasury NotesT.2.625 07.31.298.59%
State Street U.S. Government Money Market PortfolioGVMXX8.43%
United States Treasury - U.S. Treasury BillsB.0 06.04.263.51%
United States Treasury - U.S. Treasury NotesT.1.75 12.31.263.51%
United States Treasury - U.S. Treasury NotesT.2.375 03.31.292.74%
Fannie Mae REMICSFNR.2013-16 FY2.52%
United States Treasury - U.S. Treasury NotesT.3.875 09.30.292.50%
Freddie Mac PoolFR.RB51742.38%
United States Treasury - U.S. Treasury NotesT.4.125 03.31.312.16%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2026$0.03814Jun 30, 2026
May 29, 2026$0.03733May 29, 2026
Apr 30, 2026$0.03674Apr 30, 2026
Mar 31, 2026$0.03912Mar 31, 2026
Feb 27, 2026$0.03258Feb 27, 2026
Jan 30, 2026$0.03435Jan 30, 2026
Full Dividend History