3 / 5 Stars
3 2 1 3 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
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 1.07 percent over the past year, 4.77 percent over the past three years, 5.17 percent over the past five years, and 4.39 percent over the past decade.
|Trailing Returns||Updated 05.31.2013|
|Year to date||1.8%|
|3 Years (Annualized)||4.8%|
|5 Years (Annualized)||5.2%|
|10 Years (Annualized)||4.4%|
The investment seeks to provide investors with as high a level of income exempt from federal income taxes and from state personal income taxes, as is consistent with prudent investment management and the preservation of shareholders' capital. The fund invests at least 80% of its net assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. In addition, it normally invests at least 80% of its net assets in securities whose interest is free from state personal income taxes. The fund is non-diversified.
Fees are High compared to funds in the same category.
Franklin Double Tax Free Income Fund has an expense ratio of 0.56 percent.
Risk is High compared to funds in the same category according to Morningstar.