3 / 5 Stars
4 4 4 1 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#24 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 4.36 percent over the past year, 5.50 percent over the past three years, 5.55 percent over the past five years, and 4.14 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||1.3%|
|3 Years (Annualized)||5.5%|
|5 Years (Annualized)||5.5%|
|10 Years (Annualized)||4.1%|
The investment seeks the highest level of income exempt from federal income tax as is consistent with the preservation of capital. The fund normally invests at least 80% of its net assets in investment grade municipal securities. The principal issuers of these securities are state and local governments and their agencies located in any of the fifty states, the District of Columbia, Puerto Rico and other U.S. territories and possessions. It may invest in securities subject to the alternative minimum tax or in debt securities subject to federal income tax. The fund may also invest in municipal securities rated below investment grade (junk bonds).
Fees are Low compared to funds in the same category.
SEI Tax-Exempt Trends Intermediate-Term Municipal has an expense ratio of 0.64 percent.
Risk is Average compared to funds in the same category according to Morningstar.