3 / 5 Stars
3 3 1 2 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 33 Muni California Long 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 -3.62 percent over the past year, 3.48 percent over the past three years, 6.76 percent over the past five years, and 3.68 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-4.0%|
|3 Years (Annualized)||3.5%|
|5 Years (Annualized)||6.8%|
|10 Years (Annualized)||3.7%|
The investment seeks to provide current income exempt from regular federal income tax and California state personal income taxes. The fund normally invests at least 80% of net assets in municipal obligations that are exempt from regular federal income tax and the state taxes. Under normal market conditions, it invests at least 65% of its total assets in obligations issued by its state or its political subdivisions, agencies, authorities and instrumentalities. The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
Eaton Vance California Municipal Income Fund has an expense ratio of 0.59 percent.
Risk is High compared to funds in the same category according to Morningstar.