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|---|---|---|---|
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Muni National Short
Average
| Prev. Nav 10/9/08 | 10.10 | |
|---|---|---|
| Current Offer | 10.07 | |
|
YTD Return 9/30/08
|
1.65% | |
|
Total Assets
|
100,000 |
| 52-Wk Low | 10.07 | |
|---|---|---|
| 52-Wk High | 10.34 | |
| Range | 0.27 |
The investment seeks a high level of current income, consistent with relatively low volatility of principal that is exempt from regular federal income tax.
The fund normally invests at least 80% of assets in fixed-income securities issued by or on behalf of states, territories and possessions of the United States. Although it typically does not do so, the fund may invest up to 20% of assets in private-activity bonds and taxable investments that may subject investors to the AMT. The average portfolio duration typically may not exceed 3.5 years.
| Name | % of Total Fund Assets | |
|---|---|---|
| Tax Exempt Mun Infrasct Ctfs 4.05 () | 2.56 % | |
| Shelby Cnty Tenn Health Edl () | 2.3 % | |
| Cap Tr Agy Fla Rev Rev Bds 8.95 () | 1.59 % | |
| Illinois Edl Facs Auth 4.05 () | 1.59 % | |
| Mma Finl Cdd Sr Securitization Pa 3.375 () | 1.54 % | |
| View All Holdings | ||
Muni National Short
Average
