3 / 5 Stars
3 4 4 3 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#26 in Muni National Interm
U.S. News evaluated 83 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 4.83 percent over the past year, 5.20 percent over the past three years, 5.18 percent over the past five years, and 4.24 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||1.5%|
|3 Years (Annualized)||5.2%|
|5 Years (Annualized)||5.2%|
|10 Years (Annualized)||4.2%|
The investment seeks as high a level of current interest income exempt from regular federal income taxes as is consistent with preservation of capital. The fund invests at least 80% of its net assets in municipal bonds that pay interest that is exempt from regular federal personal income tax. Its sub-adviser generally intends to maintain the fund's weighted average portfolio duration within a defined range, currently between 4.5 and seven years. It invests at least 80% of its net assets in investment grade municipal bonds rated BBB/Baa or higher.
Fees are Low compared to funds in the same category.
Nuveen Intermediate Duration Municipal Bond Fund has an expense ratio of 0.72 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.