2 / 5 Stars
3 3 3 2 2
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
U.S. News evaluated 19 Muni California Intermediate 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 2.09 percent over the past year, 4.44 percent over the past three years, 4.50 percent over the past five years, and 3.02 percent over the past decade.
|Trailing Returns||Updated 05.31.2013|
|Year to date||-0.2%|
|3 Years (Annualized)||4.4%|
|5 Years (Annualized)||4.5%|
|10 Years (Annualized)||3.0%|
The investment seeks current income exempt from U.S. federal income tax and California individual income tax, consistent with moderate fluctuation of principal. Under normal circumstances, the fund invests at least 80% of its net assets in securities that pay interest exempt from U.S. federal income tax (but not necessarily the federal alternative minimum tax) and California individual income tax. It normally invests at least 80% of its total assets in investment grade municipal securities. Under normal circumstances, the fund's dollar-weighted average maturity will be between three and ten years.
Fees are High compared to funds in the same category.
Columbia California Intermediate Municipal Bond Fund has an expense ratio of 1.48 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.