4 / 5 Stars
4 4 5 3 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#21 in Muni National Short
U.S. News evaluated 46 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 -0.69 percent over the past year, 2.23 percent over the past three years, 4.11 percent over the past five years, and 3.02 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-0.6%|
|3 Years (Annualized)||2.2%|
|5 Years (Annualized)||4.1%|
|10 Years (Annualized)||3.0%|
The investment seeks total return with an emphasis on income exempt from federal income tax, but also considering capital preservation. The fund invests, under normal market conditions, at least 80% of its net assets in securities and other investments, the interest on which is exempt from federal income tax. Interest from the fund's investments may be subject to the federal alternative minimum tax. Its investment adviser normally invests the fund's assets primarily in municipal instruments. The fund's dollar-weighted average effective maturity will normally not exceed five years.
Fees are Above Average compared to funds in the same category.
MFS Municipal Limited Maturity Fund has an expense ratio of 0.70 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.