Short-term government bond mutual funds, like CMFIX, GUSTX, and NEFLX, offer stability and consistent income. With Zacks Mutual Fund #1 Rank, these funds are expected to outperform peers. CMFIX invests in fixed-income securities, GUSTX focuses on U.S. Treasury obligations, and NEFLX prioritizes high-quality government and agency issues.

CMFIX boasts 8.5% three-year annualized returns, with 11.9% invested in miscellaneous bonds. GUSTX has a 5.1% three-year annualized return and an expense ratio of 0.09%. NEFLX, managed by Christopher T. Harms, has a 4.7% three-year annualized return. Investors can access the complete list of short-term government bond mutual funds for more options.

Read more at Nasdaq: Buy These 3 Short-Term Government Bond Funds to Balance Risk