3 / 5 Stars
2 3 2 4 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 43 High Yield Muni 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 7.13 percent over the past year, 7.14 percent over the past three years, 8.11 percent over the past five years, and 3.92 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||8.3%|
|3 Years (Annualized)||7.1%|
|5 Years (Annualized)||8.1%|
|10 Years (Annualized)||3.9%|
The investment seeks total return, consisting of current income exempt from federal income tax and capital appreciation. Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in high yield securities. These securities generally include medium grade or below investment grade debt securities or unrated debt securities determined to be of comparable quality, but also may include other securities believed to have the potential for relatively high yield. The fund may invest in bonds of any maturity.
Fees are High compared to funds in the same category.
Columbia High Yield Municipal Fund has an expense ratio of 1.45 percent.
Risk is Average compared to funds in the same category according to Morningstar.