4 / 5 Stars
5 5 4 3 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#1 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 0.65 percent over the past year, 4.17 percent over the past three years, 4.36 percent over the past five years, and 3.62 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.6%|
|3 Years (Annualized)||4.2%|
|5 Years (Annualized)||4.4%|
|10 Years (Annualized)||3.6%|
The investment seeks to provide as high a level of total return through federally tax-exempt current income and capital appreciation as is consistent with the preservation of capital, primarily through investment in investment grade tax-exempt fixed-income securities. The fund invests at least 80% of its net assets in municipal securities, including securities subject to the U.S. federal alternative minimum tax, with the income exempt from regular U.S. federal income tax. It will invest primarily in investment grade short-term municipal securities. The fund expects that it will normally maintain an effective maturity of 3 years or less.
Fees are Above Average compared to funds in the same category.
RidgeWorth Short-Term Municipal Bond Fund has an expense ratio of 0.73 percent.
Risk is High compared to funds in the same category according to Morningstar.