|Expense Ratio (net)||0.19%|
|Category||Muni California Long|
|Last Cap Gain||0.00|
|Morningstar Risk Rating||Average|
|5y Average Return||N/A|
|Average for Category||N/A|
|Inception Date||Apr 7, 1986|
It’s true that the tax bill has taken away some of the lusters of tax-exempt funds. The fact is that these investment vehicles still have quite a few advantages. What’s more, if you live in a high tax state -– such as New York or California –- you can also get an exemption from state taxes.