2 / 5 Stars
3 3 2 1 2
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#29 in High Yield Muni
U.S. News evaluated 42 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 -2.18 percent over the past year, 6.99 percent over the past three years, 9.11 percent over the past five years, and 4.49 percent over the past decade.
|Trailing Returns||Updated 03.31.2014|
|Year to date||4.7%|
|3 Years (Annualized)||7.0%|
|5 Years (Annualized)||9.1%|
|10 Years (Annualized)||4.5%|
The investment seeks to provide a high level of income exempt from regular federal income tax. Under normal circumstances, the fund invests at least 80% of net assets in securities issued by municipalities across the United States and in other securities whose income is free from regular federal income tax. It may invest up to 20% of net assets in securities whose income is subject to the federal alternative minimum tax (AMT). The fund normally invests at least 50% of total assets in municipal securities of the top four grades of credit quality. It may invest up to 50% of total assets in high yield debt securities.
Fees are Above Average compared to funds in the same category.
DWS Strategic High Yield Tax Free Fund has an expense ratio of 0.91 percent.
Risk is Average compared to funds in the same category according to Morningstar.