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RiverSource Minnesota Tax-Exempt C (RMTCX)

On Nov 24: 5.24 USD   0.00 (0.00%)  
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 RIVERSOURCE MINNESOTA TAX-EXEMP Delayed quote dataEdit
Net Asset Value:5.24
Trade Time:Nov 24
Change: 0.00 (0.00%)
Prev Close:5.24
YTD Return*:13.55%
Net Assets*:13.89M
Yield*:3.43%
* As of 31-Oct-09
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 HEADLINES 
No headlines available for RMTCX.

 FUND BASICS31-Oct-09
Morningstar Overall Rating:2 stars
Total Assets:13.89M
Category:Muni Minnesota
Total Expense Ratio:1.59%
Fund Profile - Holdings


 PERFORMANCE & RISK31-Oct-09
YTD Return:13.55%
5y Avg Return:2.73%
Rank in Category (ytd):25
% Rank in Category (ytd):40.98%
Beta (3y):1.10
Morningstar Risk Rating:Above average
Performance Details - Risk Details

 FUND SUMMARY 
The investment seeks income exempt from federal and Minnesota income tax. The fund normally invests at least 80% of total assets in obligations issued by Minnesota governmental units, the interest on which is exempt from federal, state, and local income tax in Minnesota. It may invest more than 25% of total assets in a special segment of the municipal securities market or in industrial revenue bonds. The fund may invest 25% of total assets in junk bonds. It may invest 20% of total assets in debt obligations whose interest is subject to the alternative minimum tax computation. The fund is nondiversified.
Fund Profile


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