3 / 5 Stars
4 4 1 2 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#20 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 8.36 percent over the past year, 7.24 percent over the past three years, 7.34 percent over the past five years, and 4.40 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||9.3%|
|3 Years (Annualized)||7.2%|
|5 Years (Annualized)||7.3%|
|10 Years (Annualized)||4.4%|
The investment seeks to provide current income exempt from regular federal income tax. The fund normally invests at least 80% of its net assets in obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies or instrumentalities, the interest on which is exempt from regular federal income tax. It normally acquires municipal obligations with maturities of ten years or more, but may acquire securities with shorter maturities.
Fees are Above Average compared to funds in the same category.
Eaton Vance AMT-Free Municipal Income Fund has an expense ratio of 0.83 percent.
Risk is High compared to funds in the same category according to Morningstar.