3 / 5 Stars
3 3 3 4 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#25 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 6.04 percent over the past year, 6.50 percent over the past three years, 5.89 percent over the past five years, and 4.79 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||1.3%|
|3 Years (Annualized)||6.5%|
|5 Years (Annualized)||5.9%|
|10 Years (Annualized)||4.8%|
The investment seeks federal tax-exempt current income. The fund invests under normal circumstances at least 80% of its net assets (plus any borrowings for investment purposes) in municipal debt securities that (1) pay interest that is excluded from gross income for federal income tax purposes, and (2) do not produce income that will be considered to be an item of preference for purposes of the alternative minimum tax. Although the portfolio managers consider the fund to be a long maturity bond fund, the fund has no restrictions on its maturity or duration.
Fees are Above Average compared to funds in the same category.
Invesco Municipal Bond Fund has an expense ratio of 0.66 percent.
Risk is Low compared to funds in the same category according to Morningstar.