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| | | Morningstar Overall Rating: |  | | Total Assets: | 66.62M | | Category: | Muni Single State Interm | | Total Expense Ratio: | 1.62% |
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| PERFORMANCE & RISK | 31-Oct-09 |
| YTD Return: | 14.49% | | 5y Avg Return: | 2.42% | | Rank in Category (ytd): | 35 | | % Rank in Category (ytd): | 13.62% | | Beta (3y): | 1.15 | | Morningstar Risk Rating: | High |
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| The investment seeks income exempt from regular Federal and Utah income taxes, consistent with preservation of capital. The fund primarily invests in tax-free municipal obligations which pay interest exempt from Utah state and regular Federal income taxes other than taxes on corporations. It invests at least 50% of assets in obligations of Utah-based issuers. These obligations may be of any maturity, but the average portfolio maturity has traditionally been between 10 and 20 years. The fund is nondiversified. | | | Fund Profile |
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