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The investment seeks current income exempt from federal income taxes.
The fund normally invests at least 80% of assets in municipal bonds, the income from which is exempt from federal income tax. It also invests in mortgage-backed securities and restricted securities. The securities in which the fund invests may have fixed rates of return or floating or variable rates. It invests more than 25% of total assets in municipal housing authority obligations. The average weighted maturity normally ranges between 3 and 15 years.
| Name | % of Total Fund Assets | |
|---|---|---|
| JPMorgan Tax-Free Money Mkt Inst () | 2.48 % | |
| Clark Cnty Nev Sch Dist 5 () | 1.3 % | |
| North Carolina St Pub Impt 5 () | 1.04 % | |
| Engy Northwest Wash Elec Rev Ref Bd 5.5 () | 0.91 % | |
| Illinois St G.O. Bds 6 () | 0.88 % | |
| View Holdings | ||
Muni National Interm
Average
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