Muni National Short
Muni short portfolios invest in bonds issued by state and local governments to fund public projects. The income from these bonds is generally free from federal taxes and/or from state taxes in the issuing state. To lower risk, some of these portfolios spread their assets across many states and sectors. Other portfolios buy bonds from only one state in order to get the state-tax benefit. These portfolios have durations of less than 4.5 years (or, if duration is unavailable, average maturities of less than five years). Morningstar®
#1 USAA Tax Exempt Short Term Fund (USSTX)
| Performance (1-yr.): 2.20% | Expenses: 0.55% |
| Performance (1-mo.): 0.16% | Total Assets: $2.18B |
#2 Thornburg Limited Term Municipal Fund (LTMFX)
| Performance (1-yr.): 2.66% | Expenses: 0.72% |
| Performance (1-mo.): 0.42% | Total Assets: $6.65B |
#3 T. Rowe Price Tax Free Short-Intermediate Fund (PRFSX)
| Performance (1-yr.): 2.04% | Expenses: 0.50% |
| Performance (1-mo.): 0.30% | Total Assets: $2.04B |
#4 Nuveen Limited Term Municipal Bond Fund (FLTDX)
| Performance (1-yr.): 2.79% | Expenses: 0.65% |
| Performance (1-mo.): 0.52% | Total Assets: $3.7B |
#5 MFS Municipal Limited Maturity Fund (MTLFX)
| Performance (1-yr.): 2.51% | Expenses: 0.69% |
| Performance (1-mo.): 0.51% | Total Assets: $1.29B |
#6 GuideMark SM Tax-Exempt Fixed Income Fund (GMTEX)
| Performance (1-yr.): 4.54% | Expenses: 1.29% |
| Performance (1-mo.): 0.94% | Total Assets: $71.51M |
#7 American Funds Short-Term Tax Exempt Bond Fund (ASTEX)
| Performance (1-yr.): 1.49% | Expenses: 0.59% |
| Performance (1-mo.): 0.20% | Total Assets: $730.55M |
#8 Wells Fargo Advantage Strategic Municipal Bond Fund (VMPAX)
| Performance (1-yr.): 3.16% | Expenses: 0.82% |
| Performance (1-mo.): 0.22% | Total Assets: $1.32B |
#9 U.S. Global Investors Near-Term Tax-Free Fund (NEARX)
| Performance (1-yr.): 2.58% | Expenses: 0.45% |
| Performance (1-mo.): 0.62% | Total Assets: $48.85M |
#10 Federated Short Term Municipal Trust Fund (FMTAX)
| Performance (1-yr.): 1.78% | Expenses: 0.97% |
| Performance (1-mo.): 0.28% | Total Assets: $1.0B |
