3 / 5 Stars
4 4 3 3 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 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 -1.63 percent over the past year, 3.39 percent over the past three years, 6.31 percent over the past five years, and 3.23 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-2.2%|
|3 Years (Annualized)||3.4%|
|5 Years (Annualized)||6.3%|
|10 Years (Annualized)||3.2%|
The investment seeks current income exempt from federal income tax and Pennsylvania individual income tax. The fund normally invests at least 80% of its net assets in municipal securities that pay interest exempt from federal income tax, including federal alternative minimum tax (AMT), and Pennsylvania individual income tax. It invests up to 20% of the fund's net assets in securities that pay interest subject to federal income tax, including federal AMT. The fund invests up to 10% of its total assets in below investment-grade municipal securities; and up to 10% of its total assets in inverse floaters. The fund is non-diversified.
Fees are High compared to funds in the same category.
Wells Fargo Advantage Pennsylvania Tax-Free Fund has an expense ratio of 1.50 percent.
Risk is Average compared to funds in the same category according to Morningstar.