Lowest cost short-term municipal bond funds

Table listing of the most economical short-term municipal bond funds

This table supplies a list of the lowest cost US short-term municipal bond funds. These least expensive short-term muni bond funds are likely to remain very low cost as the years go by. Owners of inexpensive index investment company funds are more liable to be loyal and devoted to the relatively short list of firms that provide the lowest fee mutual fund investments.

Investors in the least expensive investment funds figure out that very low cost tends to lead to better returns over time. Short-term municipal bond funds are not likely to have superior portfolio returns before investment fees and taxes. Rather, these index funds pursue an average short-term municipal bond market return, and they aren’t designed to beat the market average return.

Nevertheless, the much lower costs of short-term muni bond funds investments permit the individual shareholders to retain more of the market’s return rather than having to share returns with the financial services industry by paying unnecessary high investment fees. As the years go by, index investors tend to beat investors who pay unnecessary costs to the financial services industry.

Lowest cost short-term municipal bond funds table

Fund Name — Expense Ratio — Ticker Symbol

• Vanguard Ltd-Term Tax-Exempt Admiral — 0.09% expense ratio — VMLUX
• Vanguard Short-Term Tax-Exempt Admiral — 0.09% expense ratio — VWSUX
• Vanguard Ltd-Term Tax-Exempt Investor — 0.17% expense ratio — VMLTX
• Vanguard Short-Term Tax-Exempt Investor — 0.17% expense ratio — VWSTX
• Fidelity Conservative Income Muni Bond — 0.40% expense ratio — FCRDX
• Northern Funds Short-Intermediate Tax-Exempt — 0.45% expense ratio — NSITX
• Fidelity Limited Term Municipal Income — 0.45% expense ratio — FSTFX
  • Reference: lowest cost index funds
  • See the mutual fund prospectus summary to figure out limits and charges, along with purchase, redemption, and trading fees that may reduce assets. Investment funds might be unavailable for additional investors.

The first low expense short-term muni bond fund is the Vanguard Ltd-Term Tax-Exempt Admiral, including the VMLUX ticker symbol. The Vanguard Ltd-Term Tax-Exempt Admiral records the lowest portfolio management expense ratio in this short-term muni bond mutual funds category.

The next line lists next lowest fee short-term municipal index fund, which is the Vanguard Short-Term Tax-Exempt Admiral trading with the VWSUX trading symbol. The Vanguard Short-Term Tax-Exempt Admiral prospectus posts a very low expense ratio in this short-term muni bonds funds investment category.

The next listed low cost short-term municipal bond funds investment is the Vanguard Ltd-Term Tax-Exempt Investor that carries the VMLTX trading ticker symbol. The Vanguard Ltd-Term Tax-Exempt Investor comes with a very low cost management percentage in this short-term municipal bond funds asset class.

The figure’s fourth lowest management fee short-term muni bonds fund is the Vanguard Short-Term Tax-Exempt Investor shares, which includes VWSTX ticker trading symbol. The Vanguard Short-Term Tax-Exempt Investor shares carry a low management expenses ratio in this short-term muni bond index investment classification.

The table’s next listed low management cost short-term muni bond investment is the Fidelity Conservative Income Muni Bond, that is traded with the FCRDX trading symbol. The Fidelity Conservative Income Muni Bond mutual fund provides a low charge expenses ratio in this short-term muni bond mutual funds classification.

The figure’s following listed low management expense short-term muni bonds fund is the Northern Funds Short-Intermediate Tax-Exempt fund that is sold and purchased with the NSITX ticker trading symbol. The Northern Funds Short-Intermediate Tax-Exempt mutual fund comes with a relatively low expense ratio in this short-term muni bond index funds classification.

The figure’s finally listed low management expense short-term bond fund is the Fidelity Limited Term Municipal Income with the FSTFX trading ticker symbol. The Fidelity Limited Term Municipal Income fund carries a relatively low expense portfolio expenses ratio in this short-term muni bond mutual fund investments grouping.