3 / 5 Stars
4 4 5 4 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
5 / 5 Stars
#11 in Muni National Short
U.S. News evaluated 48 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 0.57 percent over the past year, and 1.78 percent over the past three years.
|Trailing Returns||Updated 03.31.2014|
|Year to date||0.3%|
|3 Years (Annualized)||1.8%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to preserve the investment and secondarily to provide current income exempt from federal income tax. The fund invests at least 80% of assets in bonds and invests primarily in short-term municipal bonds. It invests at least 80% of assets in, or derives at least 80% of its income from, securities that are exempt from federal income tax. The fund invests primarily in municipal bonds with quality ratings of AA- or better. Its dollar-weighted average maturity is no greater than three years. The fund does not invest in securities that subject the investors to the federal alternative minimum tax.
Fees are Above Average compared to funds in the same category.
Capital Group Short-Term Municipal has an expense ratio of 0.40 percent.
Risk is Average compared to funds in the same category according to Morningstar.