2 / 5 Stars
2 1 3 2 1
Zacks Investment Research
Standard & Poor's
3 / 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 4.32 percent over the past year, 4.77 percent over the past three years, 4.62 percent over the past five years, and 3.51 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.8%|
|3 Years (Annualized)||4.8%|
|5 Years (Annualized)||4.6%|
|10 Years (Annualized)||3.5%|
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 considered to be obligations rated within the three highest rating categories, with remaining maturities of 3 years or more. It invests primarily in Ohio municipal obligations rated within the three highest rating categories. The fund is non-diversified.
Fees are High compared to funds in the same category.
Touchstone Ohio Tax-Free Bond Fund has an expense ratio of 1.60 percent.
Risk is Average compared to funds in the same category according to Morningstar.