4 / 5 Stars
5 5 1 3 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 41 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 -3.89 percent over the past year, 8.40 percent over the past three years, 10.11 percent over the past five years, and 2.94 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||3.2%|
|3 Years (Annualized)||8.4%|
|5 Years (Annualized)||10.1%|
|10 Years (Annualized)||2.9%|
The investment seeks a high level of current income that is exempt from regular federal income tax and may also consider the potential for capital appreciation. The fund invests a majority of its total assets in high-yield fixed income securities issued by or on behalf of states, territories and possessions of the United States and the political subdivisions, agencies and instrumentalities that are medium quality or non-investment grade. It invests at least 80% of its net assets plus any borrowings for investment purposes in Municipal Securities, the interest on which is exempt from regular federal income tax. The fund is non-diversified.
Fees are Average compared to funds in the same category.
Goldman Sachs High Yield Municipal Fund has an expense ratio of 0.61 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.