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| | | Morningstar Overall Rating: |  | | Total Assets: | 54.14M | | Category: | Muni Pennsylvania | | Total Expense Ratio: | 1.26% |
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| PERFORMANCE & RISK | 31-Oct-09 |
| YTD Return: | 10.76% | | 5y Avg Return: | 3.90% | | Rank in Category (ytd): | 68 | | % Rank in Category (ytd): | 73.12% | | Beta (3y): | 0.79 | | Morningstar Risk Rating: | Below average |
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| The investment seeks income exempt from federal and Pennsylvania personal income taxes, consistent with prudent investing. The fund invests primarily in Pennsylvania municipal securities. It may invest up to 20% of assets in municipal securities and other investments whose interest may be subject to federal and/or Pennsylvania state personal income taxes. The fund focuses on investment-grade bonds but may invest up to 20% of assets in below investment-grade bonds. It is nondiversified. | | | Fund Profile |
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