Commerce Missouri Tax-Free Intermediate Bond Fund

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

#4 in Muni Single State Interm

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.

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Performance

The fund has returned 4.14 percent over the past year, 5.30 percent over the past three years, 5.09 percent over the past five years, and 4.14 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 1.2%
1 Year 4.1%
3 Years (Annualized) 5.3%
5 Years (Annualized) 5.1%
10 Years (Annualized) 4.1%

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Summary

The investment seeks current income exempt from federal and, to the extent possible, from Missouri 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 Missouri municipal bonds, the income from which, in the opinion of bond counsel, is exempt from regular federal income taxes, federal alternative minimum taxes and Missouri taxes. It may invest up to 25% of its total assets in such unrated securities. Up to 5% of the fund's total assets may represent securities downgraded below investment grade after purchase. The fund is non-diversified.

Fees

Fees are Below Average compared to funds in the same category.
Commerce Missouri 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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