|
|
| Morningstar Overall Rating: |
 |
| Total Assets: |
1.59B |
| Category: |
High Yield Muni |
| Total Expense Ratio: |
1.56% |
|
| PERFORMANCE & RISK | 31-Oct-09
| YTD Return: |
47.00% |
| 5y Avg Return: |
-3.80% |
| Rank in Category (ytd): |
3 |
| % Rank in Category (ytd): |
2% |
| Beta (3y): |
2.36 |
| 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 invests at least 80% of net assets in municipal securities. Up to 100% of the securities the Fund buys may be high-yield, lower-grade fixed income securities. The fund does not limit its investments to securities of a particular maturity range. |
|
| Fund Profile |
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