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Legg Mason Inv Counsel MD Tx-Free Inc A (LMMDX)

On Feb 9: 16.53 USD  Down 0.01 (0.06%)  
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LEGG MASON INVESTMENT COUNSEL M Delayed quote dataEdit
Net Asset Value: 16.53
Trade Time: Feb 9
Change: Down 0.01 (0.06%)
Prev Close: 16.54
YTD Return*: 0.69%
Net Assets*: 165.82M
Yield*: 3.90%
* As of 31-Jan-10
Legg Mason Inv Counsel MD Tx-Free Inc A (LMMDX)
3m  6m  1y  2y  5y  max 
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31-Jan-10
FUND BASICS
Morningstar Overall Rating: 4 stars
Total Assets: 165.82M
Category: Muni Single State Long
Total Expense Ratio: 0.70%
Fund Profile - Holdings


31-Jan-10
PERFORMANCE & RISK
YTD Return: 0.69%
5y Avg Return: 4.00%
Rank in Category (ytd): 68
% Rank in Category (ytd): 20%
Beta (3y): 0.92
Morningstar Risk Rating: Below average
Performance Details - Risk Details

FUND SUMMARY
The investment seeks high current income exempt from federal and Maryland state and local income taxes, consistent with prudent investment risk and preservation of capital. The fund normally invests at least 80% of total assets in municipal obligations, the interest of which is exempt from Maryland state and local taxes and is not considered a tax preference item for the purpose of the alternative minimum tax. It may invest 25% or more of total assets in a particular segment of the municipal securities market. The fund may invest in securities of any maturity. It is nondiversified.
Fund Profile


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