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 05/29/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge 3.32% 3.02%
w/ sales charge 3.24% 2.95%

30-Day Standardized Yield 2 as of 04/30/2015  

Subsidized5 Un-Subsidized6
3.48% 3.20%

Fund Basicsas of 04/30/2015

Total Net Assets
$153.55 M
Inception Date
10/29/2010
Dividend Frequency
Monthly (Daily Accrual)
Number of Holdings
295

Expense Ratioas of 04/30/2015

Fund Expense Ratio :

Gross 0.90%

Net 0.60%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 10/29/2010
w/o sales charge 0.42% 4.34% 3.41% - - 5.29%
Lipper Category Avg. General & Insured Municipal Debt Funds - - - - - -
Barclays Municipal Bond Index - - - - - -
w/ sales charge -1.84% 2.01% 2.62% - - 4.77%

Fund Expense Ratio :

Gross 0.90%

Net 0.60%

Fund Expense Ratio :

Gross 0.90%

Net 0.60%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 10/29/2010
w/o sales charge 1.26% 8.76% 4.49% - - 5.70%
Lipper Category Avg. General & Insured Municipal Debt Funds 1.00% 7.08% 4.22% - - -
Barclays Municipal Bond Index 1.01% 6.62% 4.05% - - 4.59%
w/ sales charge -1.02% 6.33% 3.71% - - 5.15%

Fund Expense Ratio :

Gross 0.90%

Net 0.60%

Investment Team

Daniel S. Solender
Daniel S. Solender, CFA

Partner & Director

28 Years of Industry Experience

Supported By 12 Investment Professionals and 10 Years Avg. Industry Experience

Fund Performance Details next tab

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