2 / 5 Stars
3 3 4 2 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#6 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 -0.87 percent over the past year, 2.53 percent over the past three years, 4.65 percent over the past five years, and 3.41 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-1.2%|
|3 Years (Annualized)||2.5%|
|5 Years (Annualized)||4.6%|
|10 Years (Annualized)||3.4%|
The investment seeks current income exempt from federal income tax and Ohio personal income tax, consistent with the preservation of principal. The fund normally invests at least 80% of its net assets in municipal bonds, the income from which is exempt from both federal and Ohio personal income tax. Up to 100% of the fund's assets may be invested in municipal bonds, the interest on which may be subject to the federal alternative minimum tax for individuals. It also may invest in zero-coupon, pay-in-kind and deferred payment securities.
Fees are Below Average compared to funds in the same category.
JPMorgan Ohio Municipal Bond Fund has an expense ratio of 0.87 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.