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Tax-Free Fund for UT Y (UTAYX)

On Nov 25: 9.72 USD  Up 0.01 (0.10%)  
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 TAX FREE FUND FOR UTAH CLASS Y Delayed quote dataEdit
Net Asset Value:9.72
Trade Time:Nov 25
Change:Up 0.01 (0.10%)
Prev Close:9.71
YTD Return*:15.27%
Net Assets*:53.90M
Yield*:4.92%
* As of 31-Oct-09
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 HEADLINES 
No headlines available for UTAYX.

 FUND BASICS31-Oct-09
Morningstar Overall Rating:5 stars
Total Assets:53.90M
Category:Muni Single State Interm
Total Expense Ratio:0.62%
Fund Profile - Holdings


 PERFORMANCE & RISK31-Oct-09
YTD Return:15.27%
5y Avg Return:3.46%
Rank in Category (ytd):17
% Rank in Category (ytd):6.61%
Beta (3y):1.16
Morningstar Risk Rating:High
Performance Details - Risk Details

 FUND SUMMARY 
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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