3 / 5 Stars
3 3 4 5 5
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#16 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.
The fund has returned -0.05 percent over the past year, 3.95 percent over the past three years, 3.48 percent over the past five years, and 3.88 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.3%|
|3 Years (Annualized)||4.0%|
|5 Years (Annualized)||3.5%|
|10 Years (Annualized)||3.9%|
The investment seeks current income that is substantially exempt from federal income tax; total return with relatively low volatility of principal is a secondary objective. The fund invests in municipal securities issued by governmental authorities throughout the United States and its territories. It primarily purchases general obligation and pre-refunded bonds issued for any purpose, and revenue bonds funding education, housing, transportation and essential services including, without limitation, water, sewer and electricity. The fund normally invests at least 80% of its net assets in a diversified portfolio of bonds and debentures.
Fees are Low compared to funds in the same category.
Baird Intermediate Municipal Bond Fund has an expense ratio of 0.30 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.