3 / 5 Stars
2 4 5 2
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#29 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 -0.35 percent over the past year, 3.87 percent over the past three years, 3.92 percent over the past five years, and 3.41 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.7%|
|3 Years (Annualized)||3.9%|
|5 Years (Annualized)||3.9%|
|10 Years (Annualized)||3.4%|
The investment seeks current income, consistent with the preservation of capital that is exempt from federal income tax. The fund normally invests at least 80% of its assets in bonds which pay interest that is not subject to federal alternative minimum tax for shareholders who are individuals. It also invests at least 80% of its assets in tax-free bonds and maintains a dollar-weighted average maturity between three to ten years. The fund invests at least 65% of assets in municipal bonds and debentures that are rated within the three highest ratings categories assigned by a nationally recognized statistical ratings organization, or of comparable quality.
Fees are Low compared to funds in the same category.
Cavanal Hill Funds Intermediate Tax-Free Bond Fund has an expense ratio of 0.73 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.