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American Independence KS Tax-Exempt Bd A (IKSTX)

On Nov 24: 10.80 USD  Up 0.01 (0.09%)  
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AMERICAN INDEPENDENCE FDS TR KS Delayed quote dataEdit
Net Asset Value: 10.80
Trade Time: Nov 24
Change: Up 0.01 (0.09%)
Prev Close: 10.80
YTD Return*: 3.28%
Net Assets*: 860.00K
Yield*: 3.69%
* As of 31-Dec-07
American Independence KS Tax-Exempt Bd A (IKSTX)
3m  6m  1y  2y  5y  max 
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31-Dec-07
FUND BASICS
Morningstar Overall Rating: 2 stars
Total Assets: 860.00K
Category: Muni Single State Interm
Total Expense Ratio: 0.85%
Fund Profile - Holdings


31-Dec-07
PERFORMANCE & RISK
YTD Return: 3.28%
5y Avg Return: 2.90%
Rank in Category (ytd): 281
% Rank in Category (ytd): 89.78%
Beta (3y): 0.64
Morningstar Risk Rating: Low
Performance Details - Risk Details

FUND SUMMARY
The investment seeks to preserve capital while producing current income exempt from federal and Kansas income taxes. The fund normally invests at least 80% in municipal bonds. It invests at least 80% of net assets in securities the income from which is not subject to the alternative minimum tax. The fund invests primarily in municipal bonds with maturities ranging from 1 to 20 years. It is the intent of the Adviser to maintain a dollar weighted average portfolio maturity between seven and 12 years.
Fund Profile


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