Performance
Trailing returns
| 1 day |
| -0.09% | |||
| 1 week |
| -0.06% | |||
| 4 week |
| -0.12% | |||
| 3 month | +0.31% |
| |||
| YTD | +1.00% |
| |||
| 1 year | +4.86% |
| |||
| 3 years* | +6.10% |
| |||
| 5 years* | +5.19% |
| |||
| *annualized | |||||
| Best 3 month return | +7.91% | |
| Worst 3 month return | -7.14% |
Morningstar statistics
Morningstar category: Muni National Long
| Return | Risk | Rating | |
| 3 years | Average | Above Average |
 
|
| 5 years | Average | Average |
|
| 10 years | Average | Average |
|
| Overall | Average | Average |
|
Key statistics
| Total assets | 519.56M | |
| Front load | 1.00% | |
| Deferred load | 1.00% | |
| Expense ratio | 0.87% | |
| Management fee | - | |
| Fund family | Federated |
Asset allocation
| Cash | 0.12% | |
| Stocks | 0.00% | |
| Bonds | 99.87% | |
| Other | 0.00% |
Purchase information
| Initial | US$1,500 | |
| Additional | US$100 | |
| AIP Initial | US$1,500 | |
| AIP Additional | US$50 |
10.75-0.01(-0.09%)
May 20, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks a high level of current income which is exempt from federal regular income tax. The fund pursues its objective by investing its assets so that, normally (except as discussed herein), distributions of annual interest income are exempt from federal regular income tax. It also will invest at least a majority of its assets in securities rated investment grade (or unrated securities of comparable quality), and may purchase securities rated below investment grade (or unrated securities of comparable quality), which are also known as junk bonds, up to 49% of its assets.
Fund filings (PDF) »
Fund filings (PDF) »
Asset manager:
J. Albrecht (Started: May 1, 1996)
J. Albrecht (Started: May 1, 1996)
not available
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -0.49 | -1.10 | -1.40 | -1.08 | |
| Beta* | 1.29 | 1.21 | 1.14 | 1.09 | |
| Mean annual return | 0.51 | 0.52 | 0.45 | 0.36 | |
| R-squared* | 97.17 | 97.98 | 96.90 | 96.68 | |
| Standard deviation | 3.72 | 4.59 | 5.48 | 5.01 | |
| Sharpe ratio | 1.61 | 1.34 | 0.94 | 0.50 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Wisconsin St Gen Fd Annual App Genera 6% | 1.43% | |
| Univ Calif Regts Med Ctr Poole Med Ce 5% | 1.34% | |
| Us 10yr Note (Cbt) Jun13 | 1.30% | |
| San Diego Cnty Calif Wtr Auth 5% | 1.16% | |
| New York N Y Go Bds 5.375% | 1.15% | |
| North Carolina Cap Facs Fin Ag Rev Bd 5% | 1.14% | |
| Pennsylvania St Go Bds 5% | 1.14% | |
| Delaware Valley Pa Regl Fin Au Rev 5.75% | 1.13% | |
| New Jersey St Transn Tr Fd Aut Tran 5.5% | 1.13% | |
| Dallas Tex Area Rapid Tran Sal Sal 5.25% | 1.13% |