2 / 5 Stars
1 1 5 4 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#11 in Muni Single State Interm
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 -0.23 percent over the past year, 2.06 percent over the past three years, and 4.06 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-0.0%|
|3 Years (Annualized)||2.1%|
|5 Years (Annualized)||4.1%|
|10 Years (Annualized)||N/A|
The investment seeks a high level of current income that is exempt from both federal and Nebraska personal income taxes; preservation of capital is as a secondary objective. The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal securities that generate income exempt from Nebraska state income tax and from federal income tax, or in open or closed-end mutual funds which in turn invest in municipal securities. It may also invest up to 20% of assets in lower-quality, non-investment-grade securities.
Fees are Below Average compared to funds in the same category.
Weitz Nebraska Tax-Free Income Fund has an expense ratio of 0.70 percent.
Risk is Low compared to funds in the same category according to Morningstar.