| No headlines available for PNMCX. |
| | | Morningstar Overall Rating: |  | | Total Assets: | 21.64M | | Category: | Muni National Long | | Total Expense Ratio: | % |
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| PERFORMANCE & RISK | 30-Nov-09 |
| YTD Return: | 13.19% | | 5y Avg Return: | 2.97% | | Rank in Category (ytd): | 173 | | % Rank in Category (ytd): | 63.84% | | Beta (3y): | 1.04 | | Morningstar Risk Rating: | Below average |
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| The investment seeks high level of current income exempt from federal income taxes. The fund invests normally at least 80% of assets in obligations the income from which is exempt from federal income tax, that is, municipal obligations. Its portfolio consists primarily of investment grade long-term municipal bonds which are bonds rated BBB or higher and unrated debt obligations that are comparable in quality. The fund may invest up to 15% of assets in below-investment grade or high-yield municipal debt obligations. | | | Fund Profile |
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