3 / 5 Stars
1 1 4 5 1
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
4 / 5 Stars
#9 in Muni Single State Short
U.S. News evaluated 19 Muni Single State Short 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 2.94 percent over the past year, 2.44 percent over the past three years, 3.03 percent over the past five years, and 3.16 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||3.0%|
|3 Years (Annualized)||2.4%|
|5 Years (Annualized)||3.0%|
|10 Years (Annualized)||3.2%|
The investment seeks to provide a high level of current income exempt from both Federal and Maryland State income taxes without undue risk. The fund normally invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in Maryland bonds, including bonds issued on behalf of the State of Maryland, its local governments and public financing authorities. It may also invest in municipal securities issued by other states, U.S. territories, and possessions, U.S. government securities, general obligation securities and revenue securities, including private activity bonds. The fund is non-diversified.
Fees are Below Average compared to funds in the same category.
Brown Advisory Maryland Bond Fund has an expense ratio of 0.52 percent.
Risk is Average compared to funds in the same category according to Morningstar.