1 / 5 Stars
1 1 3 2 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#67 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.
The fund has returned -1.19 percent over the past year, 3.21 percent over the past three years, 3.11 percent over the past five years, and 2.79 percent over the past decade.
|Trailing Returns||Updated 03.31.2014|
|Year to date||2.0%|
|3 Years (Annualized)||3.2%|
|5 Years (Annualized)||3.1%|
|10 Years (Annualized)||2.8%|
The investment seeks a high level of interest income that is exempt from federal and Maryland state and local income taxes. The fund invests at least 80% of its net assets plus any borrowings for investment purposes in investment-grade municipal bonds and other municipal obligations issued by the State of Maryland, its counties, municipalities and other taxing districts, and other issuers located outside of Maryland that are exempt from federal income taxes, federal alternative minimum tax and Maryland state and local income taxes. It will invest in securities of varying maturity. The fund is non-diversified.
Fees are Below Average compared to funds in the same category.
PNC Maryland Tax-Exempt Bond Fund has an expense ratio of 0.81 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.