3 / 5 Stars
3 3 2 3 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#19 in Muni California Long
U.S. News evaluated 34 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 -1.87 percent over the past year, 7.07 percent over the past three years, 6.54 percent over the past five years, and 4.06 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||3.7%|
|3 Years (Annualized)||7.1%|
|5 Years (Annualized)||6.5%|
|10 Years (Annualized)||4.1%|
The investment seeks total return with an emphasis on income exempt from federal income tax and personal income tax, if any, of California, but also considering capital appreciation. The fund invests, under normal market conditions, at least 80% of its net assets in securities and other investments, the interest on which is exempt from federal income tax and personal income tax, if any, of California. Interest from the fund's investments may be subject to the federal alternative minimum tax. The adviser normally invests the fund's assets primarily in municipal instruments.
Fees are Above Average compared to funds in the same category.
MFS® California Municipal Bond Fund has an expense ratio of 0.70 percent.
Risk is Average compared to funds in the same category according to Morningstar.