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 05/22/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge - 3.59%
w/ sales charge - 3.50%

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

 
3.33%

Fund Basicsas of 04/30/2015

Total Net Assets
$1.82 B
Inception Date
04/02/1984
Dividend Frequency
Monthly (Daily Accrual)
Number of Holdings
446

Expense Ratioas of 04/30/2015

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 0.74% 6.99% 4.40% 5.84% 4.32% 6.70%
Lipper Category Avg. General & Insured Municipal Debt Funds 0.46% 5.12% 3.60% 4.83% 4.02% -
Barclays Municipal Bond Index 0.48% 4.80% 3.47% 4.75% 4.63% -
w/ sales charge -1.51% 4.61% 3.61% 5.37% 4.08% 6.62%

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 1.24% 9.07% 5.21% 6.26% 4.55% 6.73%
Lipper Category Avg. General & Insured Municipal Debt Funds 1.00% 7.08% 4.22% 5.20% 4.20% -
Barclays Municipal Bond Index 1.01% 6.62% 4.05% 5.11% 4.85% -
w/ sales charge -1.02% 6.62% 4.43% 5.78% 4.31% 6.65%

Fund Expense Ratio :

Gross 0.78%

Net 0.75%

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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