What is the National Tax Free Fund ?

The Fund seeks to deliver a high level of income exempt from federal taxation by investing primarily in investment grade municipal bonds with select exposure to lower-rated municipal bonds.

Yield

Dividend Yield 1 as of 02/27/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge - 3.52%
w/ sales charge - 3.44%

30-Day Standardized Yield 2 as of 01/31/2015  

 
3.20%

Fund Basicsas of 01/30/2015

Total Net Assets
$1.84 B
Inception Date
04/02/1984
Dividend Frequency
Monthly (Daily Accrual)
Number of Holdings
446

Expense Ratioas of 01/31/2015

Fund Expense Ratio :

Gross 0.78%

Net 0.75%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 04/02/1984
w/o sales charge 2.05% 12.37% 5.60% 6.77% 4.52% 6.80%
Lipper Category Avg. General & Insured Municipal Debt Funds 1.71% 9.58% 4.35% 5.56% 4.16% -
Barclays Municipal Bond Index 1.77% 8.86% 4.12% 5.42% 4.82% -
w/ sales charge -0.23% 9.81% 4.78% 6.28% 4.28% 6.72%

Fund Expense Ratio :

Gross 0.78%

Net 0.75%

Fund Expense Ratio :

Gross 0.78%

Net 0.75%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 04/02/1984
w/o sales charge 12.83% 12.83% 6.41% 6.47% 4.44% 6.74%
Lipper Category Avg. General & Insured Municipal Debt Funds 10.14% 10.14% 4.82% 5.26% 4.07% -
Barclays Municipal Bond Index 9.05% 9.05% 4.30% 5.16% 4.74% -
w/ sales charge 10.30% 10.30% 5.59% 5.98% 4.20% 6.67%

Fund Expense Ratio :

Gross 0.78%

Net 0.75%

Investment Team

Daniel S. Solender
Daniel S. Solender, CFA

Partner & Director

27 Years of Industry Experience

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

Fund Performance Details next tab

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