Federated Ohio Municipal Income Fund

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

#6 in Muni Ohio

U.S. News evaluated 15 Muni Ohio 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 5.34 percent over the past year, 4.89 percent over the past three years, 5.01 percent over the past five years, and 3.89 percent over the past decade.

Trailing Returns Updated 06.30.2014
Year to date 5.2%
1 Year 5.3%
3 Years (Annualized) 4.9%
5 Years (Annualized) 5.0%
10 Years (Annualized) 3.9%

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Summary

The investment seeks to provide current income exempt from federal regular income tax (federal regular income tax does not include the federal alternative minimum tax (AMT)) and the personal income taxes imposed by the state of Ohio and Ohio municipalities. The fund pursues its objective by investing its assets so that, normally (except as discussed herein), distributions of annual interest income are exempt from federal regular income tax and the personal income taxes imposed by the state of Ohio and Ohio municipalities. It is non-diversified.

Fees

Fees are Below Average compared to funds in the same category.
Federated Ohio Municipal Income Fund has an expense ratio of 0.75 percent.

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Risk

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

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