3 / 5 Stars
4 3 3 3 5
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#16 in Muni National Interm
U.S. News evaluated 84 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 -1.07 percent over the past year, 3.41 percent over the past three years, 5.63 percent over the past five years, and 3.38 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-1.3%|
|3 Years (Annualized)||3.4%|
|5 Years (Annualized)||5.6%|
|10 Years (Annualized)||3.4%|
The investment seeks to provide current income exempt from federal regular income tax. The fund pursues its objective by investing its assets so that, normally distributions of annual interest income are exempt from federal regular income tax. At least 75% of its portfolio securities will be investment grade or of comparable quality. The fund's Adviser expects that, normally, up to 15% of the fund's total assets may be invested in securities rated below investment grade. The fund's average weighted maturity is not less than three nor more than ten years.
Fees are Low compared to funds in the same category.
Federated Intermediate Municipal Trust has an expense ratio of 0.56 percent.
Risk is Average compared to funds in the same category according to Morningstar.