3 / 5 Stars
4 4 2 2 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#53 in Muni Single State Long
U.S. News evaluated 80 Muni Single State Long 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 -3.62 percent over the past year, 5.09 percent over the past three years, 5.59 percent over the past five years, and 3.83 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.9%|
|3 Years (Annualized)||5.1%|
|5 Years (Annualized)||5.6%|
|10 Years (Annualized)||3.8%|
The investment seeks to provide maximum current income that is exempt from both federal income tax and Nebraska state income tax to the extent consistent with prudent investment risk. Under normal market conditions, as a fundamental policy, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in municipal bonds that pay interest that is exempt from regular federal and Nebraska personal income tax. The fund is non-diversified.
Fees are Below Average compared to funds in the same category.
Nuveen Nebraska Municipal Bond Fund has an expense ratio of 0.88 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.