3 / 5 Stars
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Zacks Investment Research
Standard & Poor's
4 / 5 Stars
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 -0.43 percent over the past year, 4.08 percent over the past three years, 4.48 percent over the past five years, and 3.28 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.9%|
|3 Years (Annualized)||4.1%|
|5 Years (Annualized)||4.5%|
|10 Years (Annualized)||3.3%|
The investment seeks current income exempt from federal and Pennsylvania state income taxes consistent with the preservation of capital. The fund typically invests at least 80% of assets in investment grade municipal securities that pay interest that is exempt from federal and Pennsylvania state income taxes. The principal issuers of these securities are state and local governments and their agencies located in Pennsylvania, as well as in Puerto Rico and other U.S. territories and possessions. The sub-adviser strives to maintain an average weighted portfolio maturity of seven years or less. The fund may also invest in junk bonds.
Fees are Below Average compared to funds in the same category.
SEI Tax-Exempt Tr Pennsylvania Municipal Bond Fund has an expense ratio of 0.63 percent.
Risk is Low compared to funds in the same category according to Morningstar.