3 / 5 Stars
4 4 3 5 1
Zacks Investment Research
1 (Strong Buy)
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 6.69 percent over the past year, 4.97 percent over the past three years, 5.32 percent over the past five years, and 4.12 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||5.4%|
|3 Years (Annualized)||5.0%|
|5 Years (Annualized)||5.3%|
|10 Years (Annualized)||4.1%|
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 Above Average compared to funds in the same category.
Northern California Intermediate Tax-Exempt Fund has an expense ratio of 0.45 percent.
Risk is High compared to funds in the same category according to Morningstar.