2 / 5 Stars
3 3 4 4 1
Zacks Investment Research
Standard & Poor's
5 / 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 -0.57 percent over the past year, 2.54 percent over the past three years, 4.57 percent over the past five years, and 3.37 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-0.9%|
|3 Years (Annualized)||2.5%|
|5 Years (Annualized)||4.6%|
|10 Years (Annualized)||3.4%|
The investment seeks a high level of federally tax-free income over the long term consistent with preservation of capital. The fund will normally invest at least 95% of its assets in investment grade municipal securities (or unrated municipal securities that the Adviser determines are of comparable quality) that provide income that is exempt from federal income tax and the alternative minimum tax. The Adviser primarily invests in Ohio municipal securities. The Adviser typically selects securities with maturities between three and fifteen years, based on the available yield at various maturity levels. The fund is non-diversified.
Fees are Below Average compared to funds in the same category.
Johnson Municipal Income Fund has an expense ratio of 0.65 percent.
Risk is Low compared to funds in the same category according to Morningstar.