What is the Short Duration Tax Free Fund ?

The Fund seeks to deliver a high level of income exempt from federal taxation by investing primarily in short-term investment grade municipal bonds.

Yield

Dividend Yield 1 as of 04/01/2015  

  Subsidized3 Un-Subsidized4
w/o sales charge 0.93% 0.88%
w/ sales charge 0.91% 0.86%

30-Day Standardized Yield 2 as of 02/28/2015  

Subsidized5 Un-Subsidized6
0.60% 0.56%

Fund Basicsas of 02/27/2015

Total Net Assets
$2.32 B
Inception Date
12/31/2008
Dividend Frequency
Monthly (Daily Accrual)
Number of Holdings
388

Expense Ratioas of 02/28/2015

Fund Expense Ratio :

Gross 0.70%

Net 0.65%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2008
w/o sales charge 0.31% 1.32% 1.10% 1.84% - 2.52%
Lipper Category Avg. Short Municipal Debt Funds - - - - - -
Barclays 1-5 Year Muni Bond Index 0.41% 1.33% 1.33% 1.91% - 2.46%
w/ sales charge -1.93% -0.94% 0.33% 1.37% - 2.15%

Fund Expense Ratio :

Gross 0.70%

Net 0.65%

Fund Expense Ratio :

Gross 0.70%

Net 0.65%

YTD 1-YR 3-YR 5-YR 10-YR Since Inception 12/31/2008
w/o sales charge 0.31% 1.32% 1.10% 1.84% - 2.52%
Lipper Category Avg. Short Municipal Debt Funds - - - - - -
Barclays 1-5 Year Muni Bond Index 0.41% 1.33% 1.33% 1.91% - 2.46%
w/ sales charge -1.93% -0.94% 0.33% 1.37% - 2.15%

Fund Expense Ratio :

Gross 0.70%

Net 0.65%

Investment Team

Daniel S. Solender
Daniel S. Solender, CFA

Partner & Director

27 Years of Industry Experience

Daniel T. Vande Velde
Daniel T. Vande Velde

Partner & Portfolio Manager

24 Years of Industry Experience

Supported By 11 Investment Professionals and 8 Years Avg. Industry Experience

Fund Performance Details next tab

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