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 04/24/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge - 3.59%
w/ sales charge - 3.51%

30-Day Standardized Yield 2 as of 03/31/2015  

 
3.28%

Fund Basicsas of 03/31/2015

Total Net Assets
$1.83 B
Inception Date
04/02/1984
Dividend Frequency
Monthly (Daily Accrual)
Number of Holdings
447

Expense Ratioas of 03/31/2015

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 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%

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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