3 / 5 Stars
2 1 4 4 5
Zacks Investment Research
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 3.77 percent over the past year, 4.90 percent over the past three years, 4.83 percent over the past five years, and 4.16 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||1.1%|
|3 Years (Annualized)||4.9%|
|5 Years (Annualized)||4.8%|
|10 Years (Annualized)||4.2%|
The investment seeks as high a level of income exempt from regular federal income tax and Pennsylvania personal income taxes as is consistent with prudent investing. The fund normally invests at least 80% of its assets in "Pennsylvania municipal securities." Pennsylvania municipal securities are securities and other investments with similar economic characteristics the interest on which is exempt from regular federal income tax and Pennsylvania state personal income taxes. It focuses on investment grade bonds but may invest up to 20% of its assets in below investment grade bonds. The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
Western Asset Pennsylvania Municipals Fund has an expense ratio of 1.42 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.