3 / 5 Stars
4 4 3 2 1
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#24 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 -0.26 percent over the past year, 6.82 percent over the past three years, 6.22 percent over the past five years, and 4.21 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.1%|
|3 Years (Annualized)||6.8%|
|5 Years (Annualized)||6.2%|
|10 Years (Annualized)||4.2%|
The investment seeks current income exempt from regular federal income tax other than the alternative minimum tax while preserving capital. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in investment grade municipal securities, including securities subject to the U.S. federal alternative minimum tax, with income exempt from regular U.S. federal income tax. It may invest its remaining assets in cash, cash equivalents and certain taxable debt securities. The Subadviser anticipates that the fund's average weighted maturity will range from 5 to 25 years.
Fees are High compared to funds in the same category.
RidgeWorth High Grade Municipal Bond I has an expense ratio of 0.80 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.