|
|
| Morningstar Overall Rating: |
 |
| Total Assets: |
4.68B |
| Category: |
High Yield Muni |
| Total Expense Ratio: |
0.63% |
|
| PERFORMANCE & RISK | 31-Dec-07
| YTD Return: |
-10.33% |
| 5y Avg Return: |
6.83% |
| Rank in Category (ytd): |
114 |
| % Rank in Category (ytd): |
91.94% |
| Beta (3y): |
1.08 |
| Morningstar Risk Rating: |
High |
|
| The investment seeks current income exempt from federal income taxes by investing in a diversified portfolio of high-yield municipal securities. The fund attempts to invest 100% of assets in municipal securities that pay interest that is exempt from federal individual income tax. As a fundamental policy, it may invest at least 80% of net assets in municipal securities. The fund may invest up to 100% of the securities in high-yield, lower-grade fixed-income securities. It does not limit its investments to securities of a particular maturity range. |
|
| Fund Profile |
|
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