2 / 5 Stars
3 4 3 4 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#12 in Muni California Intermediate
U.S. News evaluated 16 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 0.25 percent over the past year, 5.32 percent over the past three years, 4.36 percent over the past five years, and 3.71 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.5%|
|3 Years (Annualized)||5.3%|
|5 Years (Annualized)||4.4%|
|10 Years (Annualized)||3.7%|
The investment seeks to provide high after-tax total return for California residents consistent with moderate risk of capital. The fund normally invests at least 80% of the value of its assets in municipal securities, the income from which is exempt from federal and state personal income taxes for California residents and not subject to the federal alternative minimum tax on individuals. It may invest in debt securities issued by governmental entities, certain issuers identified with the U.S. government and private issuers.
Fees are Below Average compared to funds in the same category.
JPMorgan California Tax Free Bond Fund has an expense ratio of 0.58 percent.
Risk is Average compared to funds in the same category according to Morningstar.