3 / 5 Stars
4 4 5 4 3
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
U.S. News evaluated 187 Conservative Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 13.28 percent over the past year, 9.75 percent over the past three years, 9.88 percent over the past five years, and 5.59 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||7.7%|
|3 Years (Annualized)||9.7%|
|5 Years (Annualized)||9.9%|
|10 Years (Annualized)||5.6%|
The investment seeks to provide tax-advantage income with a secondary objective of capital appreciation. The fund invests in a diversified portfolio that is allocated between tax-exempt securities and equity securities. In seeking to provide investors with a high level of tax advantaged income, it invests at least 50% of its total assets in tax-exempt securities. The fund normally invests most of its remaining assets in domestic and foreign equity securities. It may principally invest in derivative contracts (such as, for example, futures contracts, option contracts and swap contracts) and hybrid instruments to implement elements of its investment strategies.
Fees are Above Average compared to funds in the same category.
Federated Municipal and Stock Advantage Fund has an expense ratio of 1.75 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.