3 / 5 Stars
4 4 3 3 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
2 / 5 Stars
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 -0.54 percent over the past year, 4.55 percent over the past three years, 5.26 percent over the past five years, and 3.45 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.7%|
|3 Years (Annualized)||4.6%|
|5 Years (Annualized)||5.3%|
|10 Years (Annualized)||3.5%|
The investment seeks current income exempt from federal income tax. The fund invests at least 80% of the fund's net assets in municipal securities whose interest is exempt from federal income tax, including federal alternative minimum tax (AMT). It invests up to 15% of the fund's total assets in below investment-grade municipal securities. While the fund may purchase securities of any maturity, under normal circumstances, it expects the fund's dollar-weighted average effective maturity to be between 3 and 10 years.
Fees are Low compared to funds in the same category.
Wells Fargo Advantage Intermediate Tax/AMT-Free Fund has an expense ratio of 1.45 percent.
Risk is Average compared to funds in the same category according to Morningstar.