3 / 5 Stars
2 3 3 5 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 16 Muni Ohio 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 5.05 percent over the past year, 5.70 percent over the past three years, 4.61 percent over the past five years, and 3.96 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||1.3%|
|3 Years (Annualized)||5.7%|
|5 Years (Annualized)||4.6%|
|10 Years (Annualized)||4.0%|
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 are Below Average compared to funds in the same category.
Federated Ohio Municipal Income Fund has an expense ratio of 0.90 percent.
Risk is Average compared to funds in the same category according to Morningstar.