Fund Research for RiverSource New York Tax-Exempt C (RNTCX)

  • Fund Overview

    Fund Inception Date: Jun 27, 2000
    Category: Muni New York Long
    Overall Risk: Average
    Fund Family: RiverSource
    Return Since Inception: 3.87%
    YTD Return: 14.52%
    Yield (TTM): 3.34%
    Net Assets: 971,798.00
    Morningstar Rating:
    2 of 5
    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.

    You need a current version of Adobe Flash Player plugin to view this chart.

    Get Adobe Flash player
    Details
    Average Eff Duration 6.13 Yrs
    Average Eff Maturity 18.07 Yrs
    Average Credit Quality AA
    Morningstar Rating as of 10/31/2009
    YTD Returns as of 11/25/2009    		 Style Box Detail calculations do not include the fund's short positions (if any)

  • Fund Performance

    10 year Growth Chart
    Growth of $10,000 from 06/30/2000 to 10/31/2009
    Mouseover the chart to see values for each month.

    You need a current version of Adobe Flash Player plugin to view this chart.

    Get Adobe Flash player

    Total Annualized Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Fund 14.52% 14.72% 2.38% 2.67% 3.98% 3.87%
    +/- Category -2.64% -1.85% -0.03% -0.55% -0.83% —
    +/- Barclays Municipal TR USD — — — — 5.66% —

    Standardized Annual Returns

    YTD 1 year 3 year 5 year 10 year Since Inception
    Month (as of 10/31/2009) 13.02% 13.49% 2.30% 2.46% 3.98% 3.87%
    Quarter (as of 09/30/2009) 15.94% 13.69% 3.39% 3.14% — 4.19%
    Fund and Category YTD, 1yr, 3yr and 5yr Returns as of 11/25/2009
    Index YTD,1yr, 3ys and 5yr Returns as of 11/25/2009 10 yr and Since Inception Returns as of 10/31/2009
    Inception Date: 06/27/2000
    Ratings are based on risk-adjusted performance.
    View Total Returns

  • Fund Portfolio Profile

    Sector Breakdown

    Stocks
    General Obligations 4.57%
    Advanced Refunded 0.43%
    State Appropriated Tobacco 0.00%
    Non-state Appropriated Tobacco 0.00%
    Education 17.39%
    Health 2.77%
    Housing 4.22%
    Industrial 0.00%
    Transportation 3.62%
    Utilities 0.00%
    Water/Sewer 4.65%
    Misc. Revenue 25.74%
    Bond Quality
    AAA —
    AA —
    A —
    BBB —
    BB —
    B —
    Below B 0.00%
    Not Rated 0.00%

    Asset Allocation

    Short Long Net Assets
    Cash 1.70% 0.00% -1.70%
    Stocks 0.00% 0.00% 0.00%
    Bonds 0.00% 101.70% 101.70%
    Other 0.00% 0.00% 0.00%
    Foreign Stocks
    (as a % of assets)    		 0.00% 0.00% 0.00%
    Data as of 09/30/2009 Data as of 09/30/2009 View Fund Portfolio

    Top 10 Holdings

    Maturity Date Total Holdings Value of Holdings Net Assets
    = New York St Dorm Auth 5.75% 07/01/2013 3 M 3.23 M 5.80%
    = New York N Y City Mun Wtr Fin Wtr And 5% 06/15/2034 1.5 M 1.61 M 2.89%
    = New York St Dorm Auth 5% 09/01/2038 1.5 M 1.6 M 2.87%
    = METROPOLITAN TRANSN AUTH N Y D TAX FUND 11/15/2034 1.5 M 1.58 M 2.84%
    = Port Auth 4.5% 12/01/2023 1.5 M 1.5 M 2.69%
    = Monroe Cnty N Y G.O. Ref 6% 03/01/2015 1.25 M 1.45 M 2.60%
    = New York St Dorm Auth 5% 07/01/2029 1.25 M 1.38 M 2.47%
    - New York St Mtg Agy Rev Homeowner 5.4% 04/01/2032 1.2 M 1.2 M 2.16%
    = New York St Dorm Auth 6.125% 12/01/2029 1.25 M 1.18 M 2.11%
    = Metropolitan Transn Auth 4.75% 04/01/2028 1 M 1.17 M 2.10%
    + Increase - Decrease = No change * New since last portfolio
    Data as of 09/30/2009
    Top 10 holdings account for the fund's short positions (if any). Net short positions appear shaded.
    View Fund Portfolio

  • Sales Information

    Sales Charge %

    Initial —
    Deferred 1.00%
    Taken from prospectus dated 10/30/2009
    Expense Ratio (based on net assets) 1.54%
    Taken from annual report dated 08/31/2009

  • Fund Management