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®
#11 Glenmede Fund Municipal Intermediate Portfolio (GTCMX)
| Performance (1-yr.): 2.49% | Expenses: 0.26% |
| Performance (1-mo.): 0.69% | Total Assets: $226.11M |
#12 Franklin Federal Limited Term Tax Free Fund (FFTFX)
| Performance (1-yr.): 1.54% | Expenses: 0.60% |
| Performance (1-mo.): 0.12% | Total Assets: $898.36M |
#13 Nuveen Short Term Municipal Bond Fund (FSHAX)
| Performance (1-yr.): 1.88% | Expenses: 0.71% |
| Performance (1-mo.): 0.12% | Total Assets: $495.44M |
#13 Vanguard Limited Term Tax Exempt Fund (VMLTX)
| Performance (1-yr.): 1.68% | Expenses: 0.20% |
| Performance (1-mo.): 0.23% | Total Assets: $17.57B |
#15 Goldman Sachs Short Duration Tax-Free Fund (GSDTX)
| Performance (1-yr.): 1.80% | Expenses: 0.73% |
| Performance (1-mo.): 0.26% | Total Assets: $4.46B |
#16 Lord Abbett Short Duration Tax Free Fund (LSDAX)
| Performance (1-yr.): 1.80% | Expenses: 0.63% |
| Performance (1-mo.): 0.24% | Total Assets: $2.64B |
#17 Wells Fargo Advantage Short-Term Municipal Bond Fund (WSMAX)
| Performance (1-yr.): 1.67% | Expenses: 0.60% |
| Performance (1-mo.): 0.08% | Total Assets: $5.61B |
#18 BMO Ultra Short Tax-Free Fund (MUISX)
| Performance (1-yr.): 1.30% | Expenses: 0.31% |
| Performance (1-mo.): 0.18% | Total Assets: $843.93M |
#19 DFA Short Term Municipal Bond Portfolio (DFSMX)
| Performance (1-yr.): 0.55% | Expenses: 0.22% |
| Performance (1-mo.): 0.08% | Total Assets: $1.61B |
#19 Western Asset Short Duration Municipal Income Fund (SHDAX)
| Performance (1-yr.): 1.17% | Expenses: 0.65% |
| Performance (1-mo.): 0.29% | Total Assets: $2.47B |
