3 / 5 Stars
4 5 2 2 3
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#27 in Muni National Long
U.S. News evaluated 59 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 -2.05 percent over the past year, 7.28 percent over the past three years, 6.49 percent over the past five years, and 4.11 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.5%|
|3 Years (Annualized)||7.3%|
|5 Years (Annualized)||6.5%|
|10 Years (Annualized)||4.1%|
The investment seeks as much current income exempt from federal income taxes as possible with only modest risk to the shareholder's investments. The fund's assets are invested primarily in high and medium quality municipal bonds and other debt obligations. Under normal market conditions, it will invest at least 80% of its assets in bonds and other debt obligations issued by or on behalf of state or local governmental units whose interest is exempt from federal income tax. The fund may invest in fixed income securities of any maturity and does not seek to maintain a particular dollar-weighted average maturity.
Fees are Above Average compared to funds in the same category.
Columbia AMT-Free Tax-Exempt Bond Fund has an expense ratio of 0.81 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.