3 / 5 Stars
4 4 2 2 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#20 in Muni National Long
U.S. News evaluated 59 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 -1.16 percent over the past year, 6.43 percent over the past three years, 7.49 percent over the past five years, and 3.46 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||3.5%|
|3 Years (Annualized)||6.4%|
|5 Years (Annualized)||7.5%|
|10 Years (Annualized)||3.5%|
The investment seeks to provide investors with a high level of current income exempt from federal income tax, consistent with preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal securities at the time of investment. It invests at least 80% of the fund's net assets in investment grade municipal securities. The fund may invest up to 20% of its net assets in municipal securities below investment grade. It may invest all or a substantial portion of its assets in municipal securities that are subject to the federal alternative minimum tax.
Fees are Above Average compared to funds in the same category.
Invesco Municipal Income Fund has an expense ratio of 0.81 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.