State Farm Tax Advantaged Bond Fund

Scorecard
1 / 5 Stars
Lipper
1 1 2 4 2
Zacks Investment Research
2 (Buy)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C- (Hold)

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.

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Performance

The fund has returned 0.17 percent over the past year, 4.55 percent over the past three years, 4.51 percent over the past five years, and 4.01 percent over the past decade.

Trailing Returns Updated 03.31.2014
Year to date 3.2%
1 Year 0.2%
3 Years (Annualized) 4.6%
5 Years (Annualized) 4.5%
10 Years (Annualized) 4.0%

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Summary

The investment seeks as high a rate of income exempt from federal income taxes as is consistent with prudent investment management. The fund normally invests so that either (1) 80% or more of the fund's net investment income is exempt from regular federal income tax or (2) 80% or more of the fund's net assets is invested in securities that produce income exempt from regular federal income tax. It invests primarily in a diversified selection of municipal bonds. The fund may hold bonds with maturities of one to thirty years, although a majority of the fund's investments are in bonds with maturities longer than five years.

Fees

Fees are Above Average compared to funds in the same category.
State Farm Tax Advantaged Bond Fund has an expense ratio of 0.67 percent.

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Risk

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

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