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The investment seeks current income exempt from Arizona and regular Federal income taxes and consistent with preservation of capital.
The fund invests at least 80% of assets in Arizona obligations whose interest is exempt from Arizona state and regular income taxes and is also not subject to AMT. These obligations can be of any maturity, but the Trust's average portfolio maturity has traditionally been between 10 and 20 years. It may invest in investment-grade quality Arizona obligation. The fund is nondiversified.
| Name | % of Total Fund Assets | |
|---|---|---|
| Scottsdale Ariz Indl Dev Auth 5.8 () | 3.54 % | |
| Maricopa Cnty Ariz Indl Dev Au Rev 5.25 () | 2.1 % | |
| Maricopa Cnty Ariz Indl Dev Au Single Fa () | 1.78 % | |
| Salt River Proj Ariz Agric Imp Rev 5.25 () | 1.75 % | |
| Tucson () | 1.41 % | |
| View Holdings | ||
Muni Single State Interm
Average
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