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Address And Details

1345 Ave of the Americas , New York, NY 10105
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The investment objective of the Portfolio is to earn the highest level of current income exempt from both federal income tax and Commonwealth of Pennsylvania personal income tax that is available without assuming what the Adviser considers to be undue risk. The Portfolio pursues its objective by investing principally in high-yielding, predominantly investment grade municipal securities. As a matter of fundamental policy, the Portfolio invests, under normal circumstances, at least 80% of its net assets in municipal securities that pay interest that is exempt from federal income tax. These securities may pay interest that is subject to the federal alternative minimum tax ( AMT ) for certain taxpayers. As a matter of fundamental policy, the Portfolio invests, under normal circumstances, at least 80% of its net assets in municipal securities of Pennsylvania or municipal securities with interest that is otherwise exempt from Pennsylvania state income tax.

Net Asset Value

as of 5:23 PM ET 05/20/2022

Performance

  • 1 Week
  • -0.31%
  • 1 Month
  • -2.41%
  • 3 Months
  • -7.69%
  • 1 Yr Return
  • -10.66%
  • 5 Yr Return
  • -7.34%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 99.04%
Cash 1.87%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -0.91%
Total Net Assets 57.94 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 0.40 0.02 -0.40
Beta 0.97 0.95 0.98
R Squared 0.96 0.96 0.96
Std Deviation 4.97 4.07 3.90
Sharpe Ratio 0.08 0.20 n/a

Purchase Information

as of 5:12 PM ET 05/19/2022
Minimum Initial $2500
Minimum Additional $50
Minimum Initial IRA $2500

Performance

Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • -6.64%
  • -2.92%
-6.64% -2.92%
3 Year
  • +0.87%
  • +2.01%
+0.87% +2.01%
10 Year
  • +2.28%
  • +2.71%
+2.28% +2.71%
Life Of Fund
  • +4.28%
  • +4.40%
+4.28% +4.40%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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