1 / 5 Stars
1 1 4 1 1
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#50 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 -1.27 percent over the past year, 2.14 percent over the past three years, 2.27 percent over the past five years, and 1.99 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||1.0%|
|3 Years (Annualized)||2.1%|
|5 Years (Annualized)||2.3%|
|10 Years (Annualized)||2.0%|
The investment seeks a high level of interest income that is excluded from federal income taxation to the extent consistent with prudent investment management and the preservation of capital. The fund will normally invest at least 80% of its total assets in securities that pay interest exempt from federal income taxes. The Portfolio's Adviser generally invests the Portfolio's assets in municipal obligations. Municipal obligations are bonds, notes or short-term commercial paper issued by state governments, local governments, and their respective agencies.
Fees are High compared to funds in the same category.
Saratoga Municipal Bond Portfolio has an expense ratio of 1.89 percent.
Risk is Low compared to funds in the same category according to Morningstar.