4 / 5 Stars
4 3 3 3 2
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
U.S. News evaluated 72 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 4.42 percent over the past year, 5.24 percent over the past three years, 5.60 percent over the past five years, and 4.44 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.8%|
|3 Years (Annualized)||5.2%|
|5 Years (Annualized)||5.6%|
|10 Years (Annualized)||4.4%|
The investment seeks to provide you as high a level of current income exempt from Kentucky state and regular Federal income taxes as is consistent with preservation of capital. The fund invests at least 80% of the fund's net assets will consist of Kentucky Obligations the income paid upon which will not be subject to the Federal alternative minimum tax on individuals. These obligations can be of any maturity, but the fund's average portfolio maturity has traditionally been between 11 and 15 years. Its Kentucky Obligations must be of investment grade quality. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Churchill Tax Free Fund of Kentucky has an expense ratio of 0.61 percent.
Risk is High compared to funds in the same category according to Morningstar.