Commerce Kansas Tax-Free Intermediate Bond Fund

Class No Load (KTXIX)
Scorecard
4 / 5 Stars
Lipper
5 5 3 1 2
Zacks Investment Research
3 (Hold)
Standard & Poor's
3 / 5 Stars
TheStreet.com
B+ (Buy)

#18 in Muni Single State Interm

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.

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Performance

The fund has returned -0.82 percent over the past year, 4.37 percent over the past three years, 4.12 percent over the past five years, and 3.54 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 2.8%
1 Year -0.8%
3 Years (Annualized) 4.4%
5 Years (Annualized) 4.1%
10 Years (Annualized) 3.5%

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Summary

The investment seeks current income exempt from federal and, to the extent possible, from Kansas income taxes, as is consistent with the preservation of capital. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in Kansas municipal bonds, the income from which, in the opinion of bond counsel, is exempt from regular federal income taxes, federal alternative minimum taxes and Kansas taxes. It may invest up to 25% of its total assets in such unrated securities. The average weighted maturity of the fund's portfolio securities will be three to ten years. The fund is non-diversified.

Fees

Fees are Below Average compared to funds in the same category.
Commerce Kansas Tax-Free Intermediate Bond Fund has an expense ratio of 0.70 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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