RidgeWorth North Carolina Tax Exempt Bond Fund

Class Inst (CNCFX)
Scorecard
4 / 5 Stars
Lipper
3 4 2 2 1
Zacks Investment Research
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Standard & Poor's
4 / 5 Stars
TheStreet.com
A- (Buy)

U.S. News evaluated 67 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 5.89 percent over the past year, 4.77 percent over the past three years, and 4.78 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 5.6%
1 Year 5.9%
3 Years (Annualized) 4.8%
5 Years (Annualized) 4.8%
10 Years (Annualized) N/A

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Summary

The investment seeks current income exempt from federal and state income taxes for North Carolina residents without undue risk. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal securities with income exempt from U.S. federal and North Carolina state income taxes. It may invest up to 20% of its assets in securities subject to the U.S. federal alternative minimum tax. The fund may also invest a portion of its net assets in certain taxable debt securities. It is non-diversified.

Fees

Fees are Below Average compared to funds in the same category.
RidgeWorth North Carolina Tax Exempt Bond Fund has an expense ratio of 0.61 percent.

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Risk

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

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