3 / 5 Stars
4 5 5 5 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#10 in Muni National Short
U.S. News evaluated 45 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 1.78 percent over the past year, 2.52 percent over the past three years, 2.75 percent over the past five years, and 2.31 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.7%|
|3 Years (Annualized)||2.5%|
|5 Years (Annualized)||2.7%|
|10 Years (Annualized)||2.3%|
The investment seeks the investment objective seeks dividend income which is exempt from federal regular income tax. The fund pursues its objective by investing its assets so that, normally, distributions of annual interest income are exempt from federal regular income tax. Its dollar-weighted average portfolio duration will be less than five years. The fund also may invest in certain securities or other investments as described herein that will likely cause the fund to realize a limited amount of ordinary income or short-term capital gains.
Fees are Above Average compared to funds in the same category.
Federated Short Term Municipal Trust Fund has an expense ratio of 0.97 percent.
Risk is Average compared to funds in the same category according to Morningstar.