3 / 5 Stars
4 4 3 5 1
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
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 -0.68 percent over the past year, 5.48 percent over the past three years, 4.63 percent over the past five years, and 3.62 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.1%|
|3 Years (Annualized)||5.5%|
|5 Years (Annualized)||4.6%|
|10 Years (Annualized)||3.6%|
The investment seeks to provide high current income exempt from regular federal income tax and California state personal income tax. The fund invests at least 80% of the fund's net assets in debt instruments that pay interest that is exempt from regular federal income tax. In addition, at least 80% of its net assets will be invested in instruments that pay income that is exempt from California state personal income tax. The fund's dollar-weighted average maturity will range between three and ten years. It may invest to a limited extent in obligations that are rated below-investment grade. The fund is non-diversified.
Fees are Below Average compared to funds in the same category.
Northern California Intermediate Tax-Exempt Fund has an expense ratio of 0.45 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.