3 / 5 Stars
4 4 2 3 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#21 in Muni National Long
U.S. News evaluated 58 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 4.09 percent over the past year, 6.34 percent over the past three years, 5.86 percent over the past five years, and 4.59 percent over the past decade.
|Trailing Returns||Updated 05.31.2013|
|Year to date||0.5%|
|3 Years (Annualized)||6.3%|
|5 Years (Annualized)||5.9%|
|10 Years (Annualized)||4.6%|
The investment seeks total return, consisting of current income exempt from federal income tax and of capital appreciation, consistent with moderate fluctuation of principal. The fund normally invests at least 80% of total net assets in bonds that pay interest exempt from federal income tax (including the federal AMT). It invests at least 65% of its total assets in tax-exempt bonds that are rated investment grade and may invest up to 35% of total assets in bonds that are rated below investment grade. The fund may invest up to 20% of total net assets in securities the interest on which is subject to federal income tax.
Fees are High compared to funds in the same category.
Columbia Tax-Exempt Fund has an expense ratio of 0.76 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.