3 / 5 Stars
1 1 4 1 2
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
U.S. News evaluated 46 Muni National Short 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 -3.77 percent over the past year, and 1.65 percent over the past three years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-3.7%|
|3 Years (Annualized)||1.7%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to maximize real after-tax return for investors subject to federal income taxes, without undue risk to principal. The fund invests principally in high-quality, predominantly investment grade, municipal securities that pay interest exempt from federal taxation. It invests at least 80% of its total assets in fixed-income securities rated A or better or the equivalent by one or more national rating agencies or deemed to be of comparable credit quality by the Adviser. The fund invests up to 20% of its total assets in junk bonds.
Fees are High compared to funds in the same category.
AllianceBernstein Municipal Bond Inflation Strategy Fund has an expense ratio of 1.50 percent.
Risk is High compared to funds in the same category according to Morningstar.