2 / 5 Stars
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Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#42 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 -2.32 percent over the past year, 4.71 percent over the past three years, 4.19 percent over the past five years, and 2.74 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.1%|
|3 Years (Annualized)||4.7%|
|5 Years (Annualized)||4.2%|
|10 Years (Annualized)||2.7%|
The investment seeks to provide investors with the maximum income exempt from federal income taxes while avoiding undue risk to principal; capital appreciation is a secondary objective. The fund normally invests at least 80% of the fund's assets in securities the income of which is exempt from regular federal income taxation and will not subject non-corporate shareholders to the alternative minimum tax. It invests primarily in investment grade municipal bonds and expects to maintain an average maturity of between 7 and 20 years.
Fees are Above Average compared to funds in the same category.
Value Line Tax Exempt Fund has an expense ratio of 0.99 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.