PNC Tax Exempt Limited Maturity Bond Fund

Scorecard
2 / 5 Stars
Lipper
2 2 5 1 1
Zacks Investment Research
3 (Hold)
Standard & Poor's
2 / 5 Stars
TheStreet.com
C (Hold)

#34 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.

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Performance

The fund has returned 0.27 percent over the past year, 2.07 percent over the past three years, 2.13 percent over the past five years, and 2.14 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 1.1%
1 Year 0.3%
3 Years (Annualized) 2.1%
5 Years (Annualized) 2.1%
10 Years (Annualized) 2.1%

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Summary

The investment seeks a high level of income that is exempt from regular federal income tax as is consistent with relative protection of capital. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in municipal bonds and other municipal obligations that pay interest that is exempt from both regular federal income tax and federal alternative minimum tax. It normally will maintain a dollar-weighted average portfolio maturity of between one and five years, but may vary outside that range from time to time, including due to market conditions or if deemed appropriate for temporary defensive purposes.

Fees

Fees are Above Average compared to funds in the same category.
PNC Tax Exempt Limited Maturity Bond Fund has an expense ratio of 0.81 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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