| No headlines available for NMARX. |
| | | Morningstar Overall Rating: |  | | Total Assets: | 12.62M | | Category: | Muni Single State Long | | Total Expense Ratio: | % |
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| PERFORMANCE & RISK | 30-Nov-09 |
| YTD Return: | 17.51% | | 5y Avg Return: | 3.57% | | Rank in Category (ytd): | 129 | | % Rank in Category (ytd): | 37.94% | | Beta (3y): | 1.13 | | Morningstar Risk Rating: | Above average |
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| The investment seeks as high a level of current interest income exempt from regular federal, state and, in some cases, local income taxes as is consistent with preservation of capital. The fund invests substantially all assets in municipal bonds. It invests primarily in investment grade municipal bonds rated BBB/Baa or higher at the time of purchase by at least one independent rating agency, or if unrated, judged by the fund?s investment adviser to be of comparable quality. The fund may invest up to 20% of net assets in below investment grade municipal bonds, commonly referred to as ?high yield?, ?high risk? or ?junk? bonds. | | | Fund Profile |
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