Wednesday, February 10, 2010, 2:50am EST - Canadian Markets open in 6 hours and 40 minutes.
To create a watchlist or portfolio of shares, Sign-in or Register

DWS MA Tax-Free A (SQMAX)

On Feb 9: 14.49 USD  Down 0.01 (0.07%)  
MORE ON SQMAX
Quotes
Charts
News & Info
Fund
HereProfile
Analyst

Profile  As of 31-Dec-07 Get Profile for:
DWS MA Tax-Free A
Deutsche Asset Management Two International Place Boston MA 02110
Phone: 800-621-1048
Free prospectuses for
more than 1,000 funds!
View List of Free Prospectuses
FUND OVERVIEW
Category: Muni Massachusetts
Fund Family: DWS-Scudder
Net Assets: 10.72M
Year-to-Date Return: 3.51%
Yield: 3.87%
Morningstar Rating: 3 stars
Fund Inception Date: 18-Jun-01
MORNINGSTAR STYLE BOX
Muni Massachusetts
[View Category Definition]
View Top Muni Massachusetts Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION
Philip G. Condon
Lead Manager since 31-Dec-03
Condon is a managing director of Deutsche Asset Management, his employer since 1983. He heads the municipal bond department, with management responsibility for the firms tax-free bond funds. Previously, he spent five years as a fixed-income analyst for the Connecticut General Life Insurance Company. Condon is a member of the National Federation of Municipal Analysts and the Municipal Bond Forum.
INVESTMENT INFORMATION
Min Initial Investment: $1,000
Min Initial Investment, IRA: $500
Min Initial Investment, AIP: $500
Min Subsequent Investment: $50
Min Subsequent Investment, IRA: $50
Min Subsequent Investment, AIP: $50
SQMAX can be purchased from 57 brokerages.
FUND SUMMARY
The investment seeks income exempt from Massachusetts and regular federal income taxes. The fund invests at least 80% of assets in municipal securities that provide interest income exempt from Massachusetts and federal income taxes. It may invest up to 20% of assets in securities whose income is subject to the federal alternative minimum tax. The fund invests at least 75% of net assets in municipal securities of the top four grades of credit quality and up to 25% of assets in junk bonds of the fifth and sixth credit grades. It is nondiversified.
FUND OPERATIONS
Last Dividend (24-Dec-07): 0.04
Last Cap Gain (22-Jun-07): 0.00
Annual Holdings Turnover 41.00%
Average for Category: 18.24%
FEES & EXPENSES
Expense SQMAX Category
Avg
Total Expense Ratio: 0.98% 1.18%
Max 12b1 Fee: 0.24% N/A
Max Front End Sales Load: 4.50% 4.15%
Max Deferred Sales Load: 0.00% 2.75%
3 Yr Expense Projection*: $896 $660
5 Yr Expense Projection*: $1,221 $949
10 Yr Expense Projection*: $2,138 $1,755
* Per $10,000 invested


Add to My Portfolio Add to Portfolio    Email to a Friend Email to a Friend
Get Profile for Another Symbol:
Symbol Lookup
Latest News Canadian Indices