3 / 5 Stars
1 1 4 1 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#16 in Muni Single State Short
U.S. News evaluated 20 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 -1.81 percent over the past year, 2.46 percent over the past three years, 4.11 percent over the past five years, and 2.92 percent over the past decade.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-1.5%|
|3 Years (Annualized)||2.5%|
|5 Years (Annualized)||4.1%|
|10 Years (Annualized)||2.9%|
The investment seeks a high level of current income exempt from both federal income tax (other than the alternative minimum tax ("AMT")) and New Hampshire state interest and dividend tax. The fund normally invests at least 80% of assets in municipal securities that pay interest free from federal income taxes and New Hampshire state interest and dividend taxes. The average weighted maturity usually ranges between 5 and 20 years. The fund may invest up to 100% of its assets in municipal securities that pay interest subject to the AMT. It may invest up to 30% of net assets in U.S. territorial obligations. The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
New Hampshire Municipal Fund has an expense ratio of 1.08 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.