Total returns on $10,000
Objective
The investment seeks to maximize current income exempt from federal income tax to the extent consistent with the preservation of capital.
The fund normally invests at least 80% of assets in municipal bonds that provide income exempt from federal income tax. Generally, its average effective portfolio maturity and the average effective duration of the fund's portfolio will be less than three years. The fund may invest in individual municipal and taxable bonds of any maturity or duration. It is non-diversified.
Profile
| Fund type | Open Ended Investment Company |
|---|---|
| Investment style (bonds) | Credit Quality: High Interest-Rate Sensitivity: Ltd |
| Morningstar category | Muni National Short |
| Launch date | 11/07/2001 |
| Price currency | USD |
| Domicile | United States |
| Symbol | MINSX |
| Manager & start date | Timothy Sanville 02/10/2000 Jeremy Baker 01/03/2006 |
Investment
| Pricing frequency | Daily |
|---|---|
| Total net assets | 6.90m USDAs of Apr 30 2013 |
| Net expense ratio | 0.76% |
| Front end load | -- |
| Deferred load | -- |
| Redemption fee | -- |
| Min. initial investment | 10,000 USD |
| Min. additional investment | 100.00 USD |
| Initial IRA | -- |
| Additional IRA | -- |
| Available for sale | United States |
Diversification
Asset type
Bond | 88.03% |
|---|---|
Cash | 8.44% |
Other | 3.53% |
US stock | 0.00% |
Non-US stock | 0.00% |
Top 5 sectors
Top 5 Regions
Regional weighting data is unavailable.
Top 5 holdings
| Company | 1 year change | Portfolio weight | Long allocation |
|---|---|---|---|
| California St Var Purp 4% | -- | 1.50% | |
| Chicago Ill Brd Ed Go Ref Bo 5% | -- | 1.48% | |
| Pennsylvania St Go Bds 5% | -- | 1.33% | |
| Las Vegas Valley Nev Wtr Dist 5% | -- | 1.21% | |
| Engy Northwest Wash Elec Rev Elec 5% | -- | 1.14% |