3 / 5 Stars
1 1 5 5 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#20 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 0.55 percent over the past year, 1.81 percent over the past three years, and 1.79 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.6%|
|3 Years (Annualized)||1.8%|
|5 Years (Annualized)||1.8%|
|10 Years (Annualized)||N/A|
The investment seeks to provide a high level of current income exempt from regular federal income tax. The fund invests at least 80% of net assets in debt instruments that pay interest that is exempt from regular federal income tax. During temporary defensive periods, all or any portion of its assets may be held uninvested or invested in AMT obligations and taxable instruments. The fund's dollar-weighted average maturity will range from at least one year to less than six years. It may invest to a limited extent in obligations that are rated below-investment grade (commonly referred to as "junk bonds").
Fees are Average compared to funds in the same category.
Northern Short-Intermediate Tax-Exempt F has an expense ratio of 0.45 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.