Description: The investment seeks to provide current income that is generally exempt from federal income taxes and long-term total return. The fund invests in investment grade and non-investment grade municipal securities (known as junk bonds) that the sub-adviser considers to be attractive from a yield perspective while considering total return. At least 80% of the fund's net assets must be invested in municipal securities, and up to 35% of its net assets may be invested in non-investment grade municipal securities. The fund may invest in securities of any maturity or duration.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Muni National Interm
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Bond | 95.79 | 0.00 | 95.79 |
| Cash | 4.21 | 0.00 | 4.21 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 0.00 | 99.89 |
| United Kingdom | 0.00 | 0.04 |
| Europe Developed | 0.00 | 0.07 |