| Scorecard |
|---|
|
2 / 5 Stars
|
|
Lipper
1
1
3
2
3
|
|
Zacks Investment Research
5
(Strong Sell)
|
|
Standard & Poor's
1 / 5 Stars
|
|
TheStreet.com
C+
(Hold)
|
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.
Performance
The fund has returned 4.06 percent over the past year, 4.84 percent over the past three years, 4.63 percent over the past five years, and 3.43 percent over the past decade.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 0.9% |
| 1 Year | 4.1% |
| 3 Years (Annualized) | 4.8% |
| 5 Years (Annualized) | 4.6% |
| 10 Years (Annualized) | 3.4% |
Summary
The investment seeks high current income exempt from Arizona state and regular Federal income taxes as is consistent with preservation of capital. The fund invests at least 80% of its net assets in Arizona Obligations the income paid upon which will not be subject to the Federal alternative minimum tax. These obligations can be of any maturity, but the Trust's average portfolio maturity has traditionally been between 10 and 20 years. At the time of purchase, the Trust's Arizona Obligations must be of investment grade quality. The fund is non-diversified.
Fees
Fees are High compared to funds in the same category.
Tax Free Trust of Arizona Fund has an expense ratio of 1.58 percent.
Risk
Risk is Average compared to funds in the same category according to Morningstar.
