Delaware Tax Free USA Fund

Scorecard
3 / 5 Stars
Lipper
4 4 2 2 2
Zacks Investment Research
2 (Buy)
Standard & Poor's
2 / 5 Stars
TheStreet.com
B+ (Buy)

#33 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.

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Performance

The fund has returned 5.51 percent over the past year, 6.20 percent over the past three years, 6.85 percent over the past five years, and 4.92 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date 7.2%
1 Year 5.5%
3 Years (Annualized) 6.2%
5 Years (Annualized) 6.9%
10 Years (Annualized) 4.9%

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Summary

The investment seeks as high a level of current interest income exempt from federal income tax as is available from municipal obligations and as is consistent with prudent investment management and preservation of capital. The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities the income from which is exempt from federal income taxes, including the federal alternative minimum tax. It will invest its assets in securities with maturities of various lengths, depending on market conditions, but will have a dollar-weighted average effective maturity of between 5 and 30 years.

Fees

Fees are Above Average compared to funds in the same category.
Delaware Tax Free USA Fund has an expense ratio of 0.80 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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See Also:

Top Delaware Investments Funds