2 / 5 Stars
3 3 5 2 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 5 Stars
#29 in Muni National Short
U.S. News evaluated 50 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 1.36 percent over the past year, 1.20 percent over the past three years, 1.84 percent over the past five years, and 2.18 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||1.1%|
|3 Years (Annualized)||1.2%|
|5 Years (Annualized)||1.8%|
|10 Years (Annualized)||2.2%|
The investment seeks a high level of income exempt from federal income tax, consistent with the preservation of capital. The fund normally invests at least 80% of its assets in municipal securities that pay interest exempt from regular federal income tax. It may invest without limit in municipal securities that pay interest that is taxable under the federal alternative minimum tax (AMT). The fund invests in securities of varying maturities. The fund may invest more than 25% of total assets in private activity and industrial development bonds if the interest paid on them is exempt from regular federal income tax.
Fees are Above Average compared to funds in the same category.
DWS Short Term Municipal Bond Fund has an expense ratio of 0.74 percent.
Risk is Average compared to funds in the same category according to Morningstar.