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Muni National Short-Term Bond Funds

Muni national 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 4.0 years (or average maturities of less than five years).

Fund Name

Adjusted Expense Ratio %

12 Month Yield %

Return Rank in Category 3Y %

Return Rank in Category 5Y %

Return Rank in Category 10Y %

AB Intermediate Diversified Munil Port

0.470%

2.431%

7%

6%

11%

AB Municipal Bond Inflation Strategy

0.500%

2.114%

1%

1%

1%

Allspring Short-Term Municipal Bond Fd

1.380%

0.904%

95%

99%

98%

Allspring Strategic Municipal Bond Fd

0.790%

1.970%

53%

24%

8%

Allspring Ultra Short-Term Muni Inc Fd

0.250%

1.551%

36%

53%

59%

American Funds Limited Term Tax-Exempt B

0.560%

1.551%

67%

22%

17%

American Funds Shrt-Term Tx-Exmpt Bd

0.430%

1.651%

78%

55%

60%

American Funds Tax-Exempt Presv Port

0.350%

1.738%

60%

20%

11%

BNY Mellon Natl Short Term Muni Bond Fd

0.440%

1.426%

52%

63%

68%

BNY Mellon Short Term Municipal Bd Fd

0.480%

0.815%

87%

82%

69%

Baird Short-Term Municipal Bond Fund

0.300%

2.164%

35%

14%

—

Bernstein Short Duration Div Mun Port

0.470%

1.441%

50%

71%

81%

BlackRock Short-Term Municipal Fund

0.360%

1.968%

80%

86%

84%

Cavanal Hill Ultr Shrt Tax-Free Inc Fd

0.350%

1.142%

69%

84%

—

Columbia Short Duration Muni Bd Fd

0.400%

1.801%

47%

49%

48%

Columbia Ultra Short Dur Muni Bd Fd

0.300%

1.940%

14%

41%

33%

DFA Municipal Bond Portfolio

0.210%

0.953%

91%

47%

—

DFA Short Term Municipal Bond Portfolio

0.180%

1.229%

66%

78%

64%

DFA Short-Term Slctv State Muncpl Bd Ptf

0.250%

2.101%

—

—

—

DWS Short Term Municipal Bond Fund

0.430%

2.310%

26%

25%

31%

Eaton Vance National Ltd Mat Muni Inc Fd

1.360%

1.808%

87%

83%

54%

Eaton Vance Ntnl Ultr Shrt Muncpl Inc Fd

0.500%

2.158%

56%

75%

95%

Eaton Vance Short Duration Muni Opps Fd

1.390%

1.468%

80%

91%

51%

Federated Hermes Cnsrvtv Mncpl Mcsht Fd

0.250%

2.543%

—

—

—

Federated Hermes Muni Ultra Short Fd

0.360%

2.093%

25%

54%

49%

Federated Hermes Short-Interm Muni Fd

0.460%

1.889%

45%

74%

47%

Fidelity Flex Cnsrv Inc Muni Bd Fd

0.000

1.971%

9%

19%

—

Fidelity SAI Sst Cnsv Inc Muncpl Bd Fd

0.200%

—

—

—

—

Fidelity® Conservative Inc Muni Bd Fund

0.250%

1.739%

29%

52%

—

Fidelity® Limited Term Muni Inc Fund

0.290%

1.511%

54%

30%

22%

Franklin Federal Limited-Term T/F Inc Fd

0.560%

1.710%

80%

53%

65%

Glenmede Short Term Tax Aware F/I Port

0.550%

1.322%

59%

60%

—

Goldman Sachs Short Duration T/F Fd

0.380%

2.196%

58%

28%

22%

Hartford Municipal Short Duration Fund

0.460%

1.772%

13%

21%

—

Invesco Limited Term Municipal Income Fd

0.330%

2.591%

4%

5%

7%

Invesco Short Term Municipal

0.490%

2.046%

4%

6%

3%

JPMorgan Short-Intermediate Muncpl Bd Fd

0.700%

1.494%

91%

62%

66%

JPMorgan Ultra-Short Municipal Fund

0.250%

1.653%

62%

67%

—

Lebenthal Ultra Short Tax-Free Inc Fd

0.490%

2.066%

43%

—

—

Lord Abbett Short Duration Tax Free Fund

0.450%

1.934%

57%

48%

42%

MFS Municipal Limited Maturity Fund

0.590%

1.867%

52%

17%

16%

MainStay MacKay Short Term Municipal Fd

0.400%

2.310%

64%

54%

44%

Morgan Stanley Ultr-Shrt Muncpl Inc Port

0.250%

2.326%

27%

—

—

Northern Limited Term Tax-Exempt Fund

0.460%

1.808%

43%

17%

29%

Nuveen Limited Term Municipal Bond Fund

0.590%

1.391%

17%

7%

13%

Nuveen Short Term Municipal Bond Fund

0.470%

1.437%

55%

50%

40%

PGIM Short Duration Muni Fund

0.320%

1.899%

55%

29%

—

PIMCO Short Duration Muni Income Fund

0.330%

2.324%

14%

14%

21%

Pacific Capital Tax-Free S-Intmdt Se Fd

0.280%

1.695%

44%

27%

35%

Parametric TABS 1to10 Yr Ldrd Mn Bd Fd

0.400%

2.516%

3%

2%

—

Parametric TABS Short-Term Muni Bd Fd

0.460%

2.372%

58%

5%

14%

Principal Street Short Term Municipal Fd

0.700%

2.979%

—

—

—

Putnam Short-Term Municipal Income Fund

0.350%

2.136%

15%

20%

23%

SEI Short Duration Municipal (STET) Fund

0.630%

1.548%

51%

69%

78%

SEI Tax-Free Conservative Inc Fd(SIMT)

0.130%

2.140%

32%

59%

—

Strategic Advisers® Tx-Snstv Shrt Dur Fd

0.120%

1.921%

23%

38%

—

Symmetry Panoramic Municipal Fxd Inc Fd

0.570%

1.119%

94%

—

—

T. Rowe Price Tax-Free Short-Intmdt Fd

0.470%

1.702%

53%

30%

30%

Thornburg Limited Term Municipal Fund

0.710%

2.172%

94%

68%

42%

Thornburg Short Duration Municipal Fund

0.500%

2.039%

82%

90%

—

US Global Investors Near-Term Tax Fr Fd

0.460%

1.609%

100%

97%

75%

Vanguard Limited Term Tax Exempt Fund

0.170%

1.949%

16%

11%

18%

Vanguard Ultra Short Term Tax Exempt Fd

0.170%

1.781%

27%

36%

44%

Victory Tax Exempt Short Term

0.560%

2.369%

21%

51%

41%

Western Asset Short Duration Muni Inc Fd

0.550%

1.572%

36%

60%

53%

abrdn Ultra Short Municipal Income Fd

0.450%

2.483%

25%

49%

45%

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