Delaware Tax-Free Minnesota Intermediate Fund

Scorecard
3 / 5 Stars
Lipper
5 5 3 2 4
Zacks Investment Research
3 (Hold)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C- (Hold)

#11 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.

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Performance

The fund has returned 4.05 percent over the past year, 5.07 percent over the past three years, 4.91 percent over the past five years, and 4.34 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 1.1%
1 Year 4.0%
3 Years (Annualized) 5.1%
5 Years (Annualized) 4.9%
10 Years (Annualized) 4.3%

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Summary

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. The fund normally invests at least 80% of net assets 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. It may invest assets in securities with maturities of various lengths, depending on market conditions. The fund maintains a dollar-weighted average effective maturity of more than 3 years but less than 10 years.

Fees

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.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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