3 / 5 Stars
2 3 3 1 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
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 2.70 percent over the past year, 4.81 percent over the past three years, 4.36 percent over the past five years, and 3.40 percent over the past decade.
|Trailing Returns||Updated 05.31.2013|
|Year to date||-0.3%|
|3 Years (Annualized)||4.8%|
|5 Years (Annualized)||4.4%|
|10 Years (Annualized)||3.4%|
The investment seeks high current income exempt from Utah state and regular Federal income taxes as is consistent with preservation of capital. The fund normally invests at least 80% of its net assets in Utah Double-Exempt Obligations the income paid upon which will not be subject to the Federal alternative minimum tax on individuals. Under normal circumstances, at least 50% of the fund's assets will consist of obligations of Utah-based issuers. These obligations can be of any maturity, but its average portfolio maturity has traditionally been between 10 and 20 years. The fund is non-diversified.
Fees are High compared to funds in the same category.
Tax Free Trust of Utah Fund has an expense ratio of 1.63 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.