3 / 5 Stars
2 2 3 5 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#19 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.
The fund has returned -1.06 percent over the past year, 2.49 percent over the past three years, 5.12 percent over the past five years, and 3.39 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-1.4%|
|3 Years (Annualized)||2.5%|
|5 Years (Annualized)||5.1%|
|10 Years (Annualized)||3.4%|
The investment seeks to provide income free from federal income, federal alternative minimum and Idaho state income taxes; capital preservation is a secondary objective. Normally at least 80% of assets are invested in debt securities generating income exempt from both federal and Idaho income tax. At least 40% of bonds that the fund buys must be rated "A" or higher or, if unrated, of equivalent quality, on a similar basis. The fund's dollar-weighted average effective maturity is expected to range between 6 and 15 years.
Fees are Low compared to funds in the same category.
Idaho Tax Exempt Fund has an expense ratio of 0.62 percent.
Risk is Average compared to funds in the same category according to Morningstar.