3 / 5 Stars
3 3 3 1 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#13 in Muni Ohio
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 4.54 percent over the past year, 5.18 percent over the past three years, 5.46 percent over the past five years, and 4.22 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||1.4%|
|3 Years (Annualized)||5.2%|
|5 Years (Annualized)||5.5%|
|10 Years (Annualized)||4.2%|
The investment seeks a high level of interest income that is exempt from both federal and state income tax for individual residents of the state of Ohio; it also seeks income that is not a tax preference item for purposes of the federal alternative minimum tax. The fund invests at least 80% of net assets (plus any borrowings for investment purposes) in municipal securities that pay interest that is exempt from federal income tax, including the AMT, and any applicable state income tax for individual residents of the state of Ohio. It generally invests only in high quality municipal securities.
Fees are Below Average compared to funds in the same category.
First Investors Tax Exempt Ohio Fund has an expense ratio of 1.03 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.