| Scorecard |
|---|
|
2 / 5 Stars
|
|
Lipper
3
3
4
4
5
|
|
Zacks Investment Research
4
(Sell)
|
|
Standard & Poor's
3 / 5 Stars
|
|
TheStreet.com
B-
(Buy)
|
#35 in Muni National Interm
U.S. News evaluated 82 Muni National Interm Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 2.22 percent over the past year, 4.17 percent over the past three years, 4.45 percent over the past five years, and 3.51 percent over the past decade.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 0.5% |
| 1 Year | 2.2% |
| 3 Years (Annualized) | 4.2% |
| 5 Years (Annualized) | 4.4% |
| 10 Years (Annualized) | 3.5% |
Summary
The investment seeks to provide current income that is exempt from regular federal income tax, consistent with the maturity and quality standards described in the prospectus, and preservation of capital. The fund invests primarily in municipal bonds. It invests at least 80% of assets in, or derive at least 80% of its income from, securities that are exempt from regular federal income tax and that do not subject to federal alternative minimum tax. It invests primarily in municipal bonds rated A- or better. The dollar-weighted average maturity of the fund's portfolio is between three and 10 years.
Fees
Fees are Below Average compared to funds in the same category.
American Funds Limited Term Tax-Exempt Bond Fund has an expense ratio of 0.60 percent.
Risk
Risk is Low compared to funds in the same category according to Morningstar.
