1 / 5 Stars
1 1 3 2 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
2 / 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 -2.11 percent over the past year, 2.04 percent over the past three years, 3.84 percent over the past five years, and 2.66 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-1.9%|
|3 Years (Annualized)||2.0%|
|5 Years (Annualized)||3.8%|
|10 Years (Annualized)||2.7%|
The investment seeks current income exempt from regular federal income tax and, to the extent possible, from Ohio personal income tax, as is consistent with conservation of capital. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in debt securities (bonds) issued by the State of Ohio, its political subdivisions and their agencies and instrumentalities that generate income exempt from federal income taxes (including the federal alternative minimum tax) and Ohio personal income taxes. It is non-diversified.
Fees are High compared to funds in the same category.
PNC Ohio Intermediate Tax Exempt has an expense ratio of 1.56 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.