1 / 5 Stars
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Zacks Investment Research
Standard & Poor's
1 / 5 Stars
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 -0.18 percent over the past year, 0.54 percent over the past three years, 0.71 percent over the past five years, and 1.31 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.3%|
|3 Years (Annualized)||0.5%|
|5 Years (Annualized)||0.7%|
|10 Years (Annualized)||1.3%|
The investment seeks current income exempt from federal income tax, consistent with minimal fluctuation of principal. Under normal circumstances, the fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in securities that pay interest exempt from federal income tax (but not necessarily the federal alternative minimum tax). It generally invests in securities that, at the time of purchase, are rated investment grade or are unrated but determined to be of comparable quality. Under normal circumstances, the fund's dollar-weighted average maturity will be less than three years.
Fees are High compared to funds in the same category.
Columbia Short Term Municipal Bond Fund has an expense ratio of 1.48 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.