4 / 5 Stars
3 3 3 1 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
U.S. News evaluated 68 Muni Single State Interm 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 -0.54 percent over the past year, 4.73 percent over the past three years, 5.26 percent over the past five years, and 3.16 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||2.3%|
|3 Years (Annualized)||4.7%|
|5 Years (Annualized)||5.3%|
|10 Years (Annualized)||3.2%|
The investment seeks to provide the investors as high a level of current income exempt from Utah state and regular Federal income taxes as is consistent with preservation of capital. Under normal circumstances, at least 80% of the fund's net assets will be invested in municipal obligations that pay interest exempt, in the opinion of bond counsel, from Utah state individual and regular Federal income taxes, the income paid upon which will not be subject to the Federal AMT on individuals. These obligations can be of any maturity, but the fund's average portfolio maturity has traditionally been between 10 and 20 years. The fund is non-diversified.
Fees are High compared to funds in the same category.
Aquila Tax-Free Fund for Utah has an expense ratio of 1.63 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.