Managers AMG GW&K Municipal Bond

Scorecard
4 / 5 Stars
Lipper
5 5 3 5 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
5 / 5 Stars
TheStreet.com
A+ (Buy)

#7 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.

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Performance

The fund has returned 0.50 percent over the past year, and 5.94 percent over the past three years.

Trailing Returns Updated 02.28.2014
Year to date 3.3%
1 Year 0.5%
3 Years (Annualized) 5.9%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks current income exempt from federal income tax, consistent with preservation of capital; capital appreciation is a secondary objective. The fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal bonds that are exempt from federal income tax. It has no limitations on the maturity of individual securities, but is expected to maintain a dollar-weighted average maturity of 6 to 12 years.

Fees

Fees are Low compared to funds in the same category.
Managers AMG GW&K Municipal Bond has an expense ratio of 0.35 percent.

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Risk

Risk is High compared to funds in the same category according to Morningstar.

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