Pioneer AMT Free Municipal Fund

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

#18 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 9.18 percent over the past year, 8.30 percent over the past three years, 6.80 percent over the past five years, and 5.36 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 2.0%
1 Year 9.2%
3 Years (Annualized) 8.3%
5 Years (Annualized) 6.8%
10 Years (Annualized) 5.4%

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Summary

The investment seeks as high a level of current interest income exempt from federal income tax as is consistent with the relative stability of capital. The fund normally invests at least 80% of its net assets in investment grade municipal bonds with a maturity of more than one year, the interest on which is exempt from regular federal income tax. It normally will not invest in securities the interest on which is a tax preference item for purposes of the federal alternative minimum tax (AMT). The fund may invest up to 10% of its net assets in debt securities rated below investment grade.

Fees

Fees are Above Average compared to funds in the same category.
Pioneer AMT Free Municipal Fund has an expense ratio of 0.82 percent.

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Risk

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

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