| No headlines available for PNXAX. |
| | | Morningstar Overall Rating: |  | | Total Assets: | 660.00K | | Category: | Muni National Interm | | Total Expense Ratio: | % |
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| PERFORMANCE & RISK | 30-Nov-09 |
| YTD Return: | 6.55% | | 5y Avg Return: | 3.26% | | Rank in Category (ytd): | 236 | | % Rank in Category (ytd): | 95.93% | | Beta (3y): | 0.68 | | Morningstar Risk Rating: | Below average |
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| The investment seeks as high a level of income that is exempt from regular federal income tax as is consistent with relative protection of capital. The fund normally invests at least 80% of net assets in investment-grade municipal bonds that pay interest that is exempt from both regular federal income tax and federal alternative minimum tax. It may invest up to 20% of total assets in interest rate swaps. The fund invests in investment grade debt municipal obligations in the top four rating categories of credit quality and may invest up to 10% of assets in below-investment grade securities. | | | Fund Profile |
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