Touchstone Ohio Tax-Free Bond Fund

Scorecard
3 / 5 Stars
Lipper
3 3 3 2 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
B (Buy)

#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.

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Performance

The fund has returned 0.15 percent over the past year, 5.11 percent over the past three years, 4.82 percent over the past five years, and 3.76 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 3.0%
1 Year 0.2%
3 Years (Annualized) 5.1%
5 Years (Annualized) 4.8%
10 Years (Annualized) 3.8%

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Summary

The investment seeks the highest level of interest income exempt from federal income tax and Ohio personal income tax, consistent with the protection of capital. The fund invests at least 80% of its assets in high-quality, long-term Ohio municipal obligations, including general obligation bonds, revenue bonds, and industrial development bonds. High-quality, long-term Ohio municipal obligations are, for purposes of this Fund, considered to be obligations rated within the three highest rating categories, with remaining maturities of 3 years or more. The fund is non-diversified.

Fees

Fees are Below Average compared to funds in the same category.
Touchstone Ohio Tax-Free Bond Fund has an expense ratio of 0.85 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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