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RiverSource Minnesota Tax-Exempt C (RMTCX)

On Feb 9: 5.28 USD   0.00 (0.00%)  
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RIVERSOURCE MINNESOTA TAX-EXEMP Delayed quote dataEdit
Net Asset Value: 5.28
Trade Time: Feb 9
Change: 0.00 (0.00%)
Prev Close: 5.28
YTD Return*: 0.27%
Net Assets*: 16.04M
Yield*: 3.33%
* As of 31-Jan-10
RiverSource Minnesota Tax-Exempt C (RMTCX)
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31-Jan-10
FUND BASICS
Morningstar Overall Rating: 2 stars
Total Assets: 16.04M
Category: Muni Minnesota
Total Expense Ratio: 1.59%
Fund Profile - Holdings


31-Jan-10
PERFORMANCE & RISK
YTD Return: 0.27%
5y Avg Return: 2.82%
Rank in Category (ytd): 50
% Rank in Category (ytd): 80.65%
Beta (3y): 1.10
Morningstar Risk Rating: Above average
Performance Details - Risk Details

FUND SUMMARY
The fund seeks a high level income generally exempt from federal income and from the state and local tax. The fund invests at least 80% of assets in municipal obligations that are generally exempt from federal income tax and from the state and local income tax. It invests more than 25% of assets in a particular segment of the municipal securities market or in industrial revenue bonds. The fund invests up to 25% of assets in lower-quality bonds (junk bonds). It may also invest up to 20% of assets in debt obligations whose interest is subject to the alternative minimum tax. The fund is nondiversified.
Fund Profile


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