| No headlines available for OPBMX. |
| | | Morningstar Overall Rating: | N/A | | Total Assets: | 1.10M | | Category: | Muni Minnesota | | Total Expense Ratio: | 1.55% |
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| PERFORMANCE & RISK | 31-Oct-09 |
| YTD Return: | 37.05% | | 5y Avg Return: | N/A | | Rank in Category (ytd): | 1 | | % Rank in Category (ytd): | 1.64% | | Beta (3y): | | | Morningstar Risk Rating: | |
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| The investment seeks a high level of current interest income exempt from federal and state income taxes for individual investors as is consistent with preservation of capital. The fund invests normally at least 80% of assets in securities the income from which is exempt from both federal and Minnesota individual income tax. It invests its assets so that at least 95% of the exempt-interest dividends that it pays are derived from Minnesota municipal obligations as required for state tax exemption under Minnesota law. The fund also can invest up to 20% of assets in inverse floaters, a variable rate obligation and form of derivative. The fund is nondiversified. | | | Fund Profile |
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