10 Most Highly Rated Bond Funds

The third-ranked Alpine Ultra Short Tax Optimized Income Fund(ATOIX Quote) stretches the target maturity to as far as three years, allocated to 62.5% variable rate demand notes, 13% auction rate notes, 11.5% municipal bonds, 9.7% put bonds and 3.3% general market notes. The three biggest holdings are 7% in Volusia County Multifamily Housing, 4.6% in Sunshine State Governmental Financing Commission and 4.2% in the Scottsdale Industrial Development Authority.

Best Rated Bond Funds
Fund (Ticker) Rating	3 Year Total Return	1 Year Total Return	1 Month Total Return	Objective
Wells Fargo Avtg Ult-Sh Muni Inv (SMUAX) A+	3.67	4.41	0.57	Municipal - Insured
Vanguard Short-Term Tax-Exempt Inv (VWSTX) A+	3.63	4.63	0.37	Municipal - National
Alpine Ultra Sht Tax Optim Inc Inv (ATOIX) A+	3.68	3.82	0.29	Municipal - High Yield
Sanford Bernstein Sh-Dur Dvrs Muni (SDDMX) A+	3.24	4.6	0.56	Municipal - National
Colorado Bond Shares Tax-Exempt A (HICOX) A+	4.96	4.3	0.51	Municipal - Single State
SEI Tax-Exempt Tr-Shrt Dur Muni A (SUMAX) A+	3.25	4.37	0.36	Municipal - National
USAA T/E Short Term Bond Fund (USSTX) A+	3.46	4.71	0.75	Municipal - National
Wells Fargo Avtg ST Muni Bd Inv (STSMX) A+	3.52	4.08	0.75	Municipal - National
BNY Mellon Natl ST Muni Bd M (MPSTX) A+	3.22	4.09	0.4	Municipal - Insured
Vanguard Lmtd-Term Tax-Exempt Inv (VMLTX) A+	3.68	5.3	0.83	Municipal - National
Source: TheStreet.com Ratings

For an explanation of our ratings, click here.