2 / 5 Stars
5 5 3 2 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#13 in Muni Minnesota
U.S. News evaluated 15 Muni Minnesota 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 -0.37 percent over the past year, 4.36 percent over the past three years, 4.40 percent over the past five years, and 3.72 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.3%|
|3 Years (Annualized)||4.4%|
|5 Years (Annualized)||4.4%|
|10 Years (Annualized)||3.7%|
The investment seeks to provide investors with preservation of capital and, secondarily, current income exempt from federal income tax and Minnesota state personal income taxes, by maintaining a dollar-weighted average effective portfolio maturity of 10 years or less. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal securities the income from which is exempt from federal income taxes, including the federal alternative minimum tax, and from Minnesota state personal income taxes.
Fees are Below Average compared to funds in the same category.
Delaware Tax-Free Minnesota Intermediate Fund has an expense ratio of 0.84 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.