2 / 5 Stars
1 1 4 1 1
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 15 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 4.63 percent over the past year, 3.32 percent over the past three years, 3.65 percent over the past five years, and 3.82 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||3.8%|
|3 Years (Annualized)||3.3%|
|5 Years (Annualized)||3.6%|
|10 Years (Annualized)||3.8%|
The investment seeks to provide a high level of current interest income which is exempt from both federal income tax and Ohio personal income tax. The fund pursues its investment objective by investing primarily in Municipal securities, including mortgage-related securities, with fixed, variable, or floating interest rates. Under normal circumstances, the fund will invest at least 80% of its net assets in bonds issued by or on behalf of the State of Ohio or its municipalities, or other jurisdictions such as Puerto Rico, the interest on which is exempt from federal and Ohio state income tax.
Fees are Average compared to funds in the same category.
Victory Ohio Municipal Bond Fund has an expense ratio of 1.04 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.