3 / 5 Stars
4 4 3 2 4
Zacks Investment Research
Standard & Poor's
3 / 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 -0.65 percent over the past year, 4.99 percent over the past three years, 5.47 percent over the past five years, and 3.94 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.6%|
|3 Years (Annualized)||5.0%|
|5 Years (Annualized)||5.5%|
|10 Years (Annualized)||3.9%|
The investment seeks to provide investors with a high level of current income exempt from federal income tax, consistent with preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal securities at the time of investment. It invests at least 65% of the fund's net assets in investment grade municipal securities. The fund may invest up to 35% of its net assets in municipal securities rated below investment grade and unrated municipal securities determined by the Adviser to be of comparable quality at the time of purchase.
Fees are High compared to funds in the same category.
Invesco Intermediate Term Municipal Income has an expense ratio of 0.75 percent.
Risk is Average compared to funds in the same category according to Morningstar.