4 / 5 Stars
3 4 2 2 1
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
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 -0.94 percent over the past year, 5.10 percent over the past three years, and 4.81 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||3.2%|
|3 Years (Annualized)||5.1%|
|5 Years (Annualized)||4.8%|
|10 Years (Annualized)||N/A|
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 are Low compared to funds in the same category.
RidgeWorth North Carolina Tax Exempt Bond Fund has an expense ratio of 0.62 percent.
Risk is High compared to funds in the same category according to Morningstar.