4 / 5 Stars
3 2 4 4 1
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 -0.67 percent over the past year, 5.45 percent over the past three years, and 6.73 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.6%|
|3 Years (Annualized)||5.4%|
|5 Years (Annualized)||6.7%|
|10 Years (Annualized)||N/A|
The investment seeks to provide a high level of after-tax income from a portfolio of fixed income investments. The fund invests in a portfolio of municipal bonds including housing authority mortgage securities, fixed and floating rate municipal securities representing an interest in or secured by residential mortgage loans, and high yield, high risk municipal securities (also known as junk bonds), municipal inverse floaters, high yield, high risk taxable securities, and non-investment grade loan assignments and participations. It may invest up to 35% of the fund's total assets in securities rated below investment grade (junk bonds).
Fees are High compared to funds in the same category.
JPMorgan Tax Aware High Income Fund has an expense ratio of 0.64 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.