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 02/09/2016  

  Subsidized3 Un-Subsidized4
w/o sales charge 3.22% 2.93%
w/ sales charge 3.15% 2.86%

30-Day Standardized Yield 2 as of 01/31/2016  

Subsidized5 Un-Subsidized6
3.43% 3.18%

Fund Basicsas of 12/31/2015

Total Net Assets
$179.77 M
Inception Date
10/29/2010
Dividend Frequency
Monthly (Daily Accrual)
Number of Holdings
339

Expense Ratioas of 01/31/2016

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 1.21% 2.33% 2.70% 7.04% - 5.39%
Lipper Category Avg. General & Insured Municipal Debt Funds 0.92% 2.14% 2.95% 6.01% - -
Barclays Municipal Bond Index 1.19% 2.71% 3.42% 5.75% - 4.52%
w/ sales charge -1.08% 0.01% 1.92% 6.55% - 4.93%

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 3.22% 3.22% 2.55% 6.52% - 5.24%
Lipper Category Avg. General & Insured Municipal Debt Funds 2.98% 2.98% 2.85% 5.57% - -
Barclays Municipal Bond Index 3.30% 3.30% 3.16% 5.35% - 4.36%
w/ sales charge 0.89% 0.89% 1.78% 6.03% - 4.77%

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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