4 / 5 Stars
3 3 3 3 5
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
U.S. News evaluated 77 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 3.45 percent over the past year, 4.54 percent over the past three years, 4.92 percent over the past five years, and 4.32 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||6.3%|
|3 Years (Annualized)||4.5%|
|5 Years (Annualized)||4.9%|
|10 Years (Annualized)||4.3%|
The investment seeks to provide Oregon investors with as high a level of dividend income exempt from regular federal income tax and Oregon state personal income taxes as is consistent with prudent investment management and the preservation of capital. The fund normally invests at least 80% of its assets in "Oregon municipal securities." It focuses on investment grade bonds but may invest up to 20% of its assets in below investment grade bonds. The fund may also engage in a variety of transactions using derivatives in order to change the investment characteristics of its portfolio and for other purposes. It is non-diversified.
Fees are Below Average compared to funds in the same category.
Western Asset Oregon Municipals Fund has an expense ratio of 0.60 percent.
Risk is Low compared to funds in the same category according to Morningstar.