3 / 5 Stars
2 3 3 3 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#5 in Muni Pennsylvania
U.S. News evaluated 20 Muni Pennsylvania 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 -0.98 percent over the past year, 5.28 percent over the past three years, 5.61 percent over the past five years, and 3.13 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||3.3%|
|3 Years (Annualized)||5.3%|
|5 Years (Annualized)||5.6%|
|10 Years (Annualized)||3.1%|
The investment seeks to provide current income exempt from federal regular income tax (federal regular income tax does not include the federal alternative minimum tax (AMT)) and the personal income taxes imposed by the state of Pennsylvania and Pennsylvania municipalities. The fund invests its assets so that, normally (except as discussed herein), distributions of annual interest income are exempt from federal regular income tax and the Commonwealth of Pennsylvania personal income tax. It is non-diversified.
Fees are Below Average compared to funds in the same category.
Federated Pennsylvania Municipal Income Fund has an expense ratio of 0.75 percent.
Risk is Average compared to funds in the same category according to Morningstar.