1 / 5 Stars
2 2 5 5 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#14 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 0.87 percent over the past year, 1.06 percent over the past three years, 1.76 percent over the past five years, and 1.99 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||0.7%|
|3 Years (Annualized)||1.1%|
|5 Years (Annualized)||1.8%|
|10 Years (Annualized)||2.0%|
The investment seeks to provide the highest level of income exempt from federal and Maryland state and local income taxes consistent with modest fluctuation in principal value. The fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in bonds that pay interest exempt from federal and Maryland state and local income taxes, and at least 80% of the fund's income is expected to be exempt from federal and Maryland state and local income taxes. While the fund may buy securities of any maturity, its weighted average maturity is not expected to exceed three years. The fund is non-diversified.
Fees are Below Average compared to funds in the same category.
T. Rowe Price Maryland Short-Term Tax-Free Bond Fund has an expense ratio of 0.53 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.