5 / 5 Stars
5 5 3 1 1
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#27 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 -1.37 percent over the past year, 6.80 percent over the past three years, and 7.85 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||3.2%|
|3 Years (Annualized)||6.8%|
|5 Years (Annualized)||7.8%|
|10 Years (Annualized)||N/A|
The investment seeks to maximize total return consisting of high current income exempt from federal income tax and capital appreciation. The fund invests at least 80% of assets in U.S. dollar-denominated investment grade fixed-income securities that provide income exempt from federal income tax (municipal bonds). It may invest up to 20% of assets in taxable fixed-income securities, including taxable municipal bonds and non-U.S. dollar-denominated foreign debt securities such as Brady bonds and sovereign debt obligations. The dollar-weighted average maturity of the fund's portfolio will vary from time to time. The fund is non-diversified.
Fees are Low compared to funds in the same category.
BNY Mellon Funds Trust Municipal Opportunities Fund has an expense ratio of 0.91 percent.
Risk is High compared to funds in the same category according to Morningstar.