Description: The investment seeks to provide current income that is exempt from regular federal income taxes; capital appreciation is a secondary objective when consistent with the fund's primary objective. Normally, the fund invests at least 80% of its net assets in municipal bonds that pay income that is exempt from regular federal income tax. Its investment portfolio will consist primarily of municipal bonds rated A3/A-/A- or higher by an independent rating agency; however the fund may invest in municipal bonds of any credit quality, including up to 20% of its net assets in low- to medium-quality bonds rated Baa1/BBB+/BBB+ or lower. The fund is non-diversified.
Exchange: BATS
Country: US
Currency: US Dollar ($)
Category: Muni National Interm
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
Bond | 93.20 | 0.00 | 93.20 |
Cash | 6.80 | 0.00 | 6.80 |
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 |