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®
Capital Short-Term Municipal (CSTMX)
| Performance (1-yr.): 1.01% | Expenses: 0.40% |
| Performance (1-mo.): 0.11% | Total Assets: $123.18M |
Fidelity Municipal Income 2015 Fund (FAMPX)
| Performance (1-yr.): 1.15% | Expenses: 0.65% |
| Performance (1-mo.): 0.05% | Total Assets: $71.73M |
Oppenheimer Rochester Short Term Municipal Fund (ORSTX)
| Performance (1-yr.): 2.65% | Expenses: 0.84% |
| Performance (1-mo.): 0.15% | Total Assets: $314.98M |
Pacific Capital Tax Free Short Intermediate Securities Fund (PTFSX)
| Performance (1-yr.): 1.38% | Expenses: 0.31% |
| Performance (1-mo.): 0.42% | Total Assets: $64.44M |
Putnam Short-Term Municipal Income Fund (PSMEX)
| Performance (1-yr.): — | Expenses: 0.60% |
| Performance (1-mo.): 0.20% | Total Assets: — |
