5 / 5 Stars
5 5 2 1 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#2 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 10.40 percent over the past year, 8.33 percent over the past three years, and 7.25 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||2.4%|
|3 Years (Annualized)||8.3%|
|5 Years (Annualized)||7.2%|
|10 Years (Annualized)||N/A|
The investment seeks to provide the highest level of income possible in a tax efficient manner. The fund normally invests at least 50% of net assets in municipal securities that pay interest that is exempt from federal income tax, including the alternative minimum tax. The principal issuers of these securities are state and local governments and their agencies located in any of the fifty states, as well as in Puerto Rico and other U.S. territories and possessions. The fund may invest more than 25% of its total assets in bonds of issuers in California and New York. It is non-diversified.
Fees are Low compared to funds in the same category.
STET Tax-Advantaged Income Fund has an expense ratio of 0.87 percent.
Risk is High compared to funds in the same category according to Morningstar.