2 / 5 Stars
3 3 5 4 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
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 1.21 percent over the past year, 1.70 percent over the past three years, 2.20 percent over the past five years, and 1.82 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.6%|
|3 Years (Annualized)||1.7%|
|5 Years (Annualized)||2.2%|
|10 Years (Annualized)||1.8%|
The investment seeks a high level of current income. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in fixed income securities issued by or on behalf of states, territories and possessions of the United States and the political subdivisions, agencies and instrumentalities thereof, the interest on which is exempt from regular federal income tax, and is not a tax preference item under the federal alternative minimum tax. Its duration is expected to be equal to that of the Barclays 1-3 Year Municipal Bond Index, plus or minus 0.5 years.
Fees are High compared to funds in the same category.
Goldman Sachs Short Duration Tax-Free Fund has an expense ratio of 1.13 percent.
Risk is Average compared to funds in the same category according to Morningstar.