5 / 5 Stars
1 1 3 4 2
Zacks Investment Research
Standard & Poor's
2 / 5 Stars
#22 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 -1.93 percent over the past year, 4.52 percent over the past three years, 4.94 percent over the past five years, and 2.88 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.7%|
|3 Years (Annualized)||4.5%|
|5 Years (Annualized)||4.9%|
|10 Years (Annualized)||2.9%|
The investment seeks to provide current income exempt from federal income tax. Under normal circumstances, the fund invests at least 80% of its assets in municipal fixed income securities, the interest on which is generally exempt from federal income tax and not subject to the alternative minimum tax ("AMT"). It primarily invests its assets in municipal securities that are investment grade. The average dollar-weighted portfolio maturity of the portfolio is expected to be maintained between three and fifteen years.
Fees are High compared to funds in the same category.
GuideMark SM Tax-Exempt Fixed Income Fund has an expense ratio of 1.29 percent.
Risk is High compared to funds in the same category according to Morningstar.