What is the AMT Free Municipal Bond Fund ?

The Fund seeks to deliver a high level of income exempt from federal taxation, including the alternative minimum tax, by investing primarily in municipal bonds.

Yield

Dividend Yield 1 as of 04/29/2016  

  Subsidized3 Un-Subsidized4
w/o sales charge 3.16% 2.87%
w/ sales charge 3.09% 2.81%

30-Day Standardized Yield 2 as of 03/31/2016  

Subsidized5 Un-Subsidized6
3.45% 3.21%

Fund Basicsas of 03/31/2016

Total Net Assets
$204.46 M
Inception Date
10/29/2010
Dividend Frequency
Monthly (Daily Accrual)
Number of Holdings
373

Expense Ratioas of 03/31/2016

Fund Expense Ratio :

Gross 0.89%

Net 0.60%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 10/29/2010
w/o sales charge 2.90% 5.59% 2.95% 6.53% - 5.46%
Lipper Category Avg. General & Insured Municipal Debt Funds - - - - - -
Barclays Municipal Bond Index - - - - - -
w/ sales charge 0.58% 3.20% 2.18% 6.05% - 5.02%

Fund Expense Ratio :

Gross 0.89%

Net 0.60%

Fund Expense Ratio :

Gross 0.89%

Net 0.60%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 10/29/2010
w/o sales charge 2.01% 3.98% 3.08% 6.82% - 5.38%
Lipper Category Avg. General & Insured Municipal Debt Funds 1.51% 3.49% 3.24% 5.80% - -
Barclays Municipal Bond Index 1.67% 3.98% 3.63% 5.59% - 4.48%
w/ sales charge -0.30% 1.64% 2.30% 6.34% - 4.93%

Fund Expense Ratio :

Gross 0.89%

Net 0.60%

Investment Team

Daniel S. Solender
Daniel S. Solender, CFA

Partner & Director

29 Years of Industry Experience

Supported By 14 Investment Professionals and 11 Years Avg. Industry Experience

Fund Performance Details next tab

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