3 / 5 Stars
2 2 3 4 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 57 Muni National Long 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 -3.96 percent over the past year, 2.86 percent over the past three years, 5.71 percent over the past five years, and 3.67 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-4.3%|
|3 Years (Annualized)||2.9%|
|5 Years (Annualized)||5.7%|
|10 Years (Annualized)||3.7%|
The investment seeks to earn the highest level of current income, exempt from federal income tax, that is available without assuming what the Adviser considers to be undue risk to principal or income. The fund invests principally in high-yielding, predominantly investment grade municipal securities. It invests at least 80% of its net assets in municipal securities that pay interest that is exempt from federal income tax. These securities may pay interest that is subject to the federal alternative minimum tax ("AMT") for certain taxpayers. The fund may invest more than 25% of its assets in a single state.
Fees are High compared to funds in the same category.
AllianceBernstein Municipal Income National Port has an expense ratio of 1.45 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.