Address And Details

525 Market St. , San Francisco, CA 94105
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund seeks current income exempt from federal income tax and Pennsylvania individual income tax. Under normal circumstances, we invest: at least 80% of the Fund's net assets in municipal securities whose interest is exempt from federal income tax, including federal alternative minimum tax (AMT), and Pennsylvania individual income tax; up to 20% of the Fund's net assets in securities whose interest is subject to federal income tax, including federal AMT; up to 10% of the Fund's total assets in below investment-grade municipal securities; and up to 10% of the Fund's total assets in inverse floaters. We invest principally in municipal securities whose interest is exempt from federal income tax, including federal AMT, and Pennsylvania individual income tax. Our investment holdings may include municipal securities issued by the Commonwealth of Pennsylvania and its subdivisions, authorities, instrumentalities and corporations, as well as municipal securities issued by the territories and possessions of the United States. Some of the securities may be below investment grade or may be unrated and deemed by us to be of comparable quality. We may also invest a portion of the Fund's net assets in securities whose interest is subject to federal income tax, including federal AMT.

Net Asset Value

as of 5:19 PM ET 09/23/2021

Performance

  • 1 Week
  • -0.17%
  • 1 Month
  • -0.50%
  • 3 Months
  • -0.33%
  • 1 Yr Return
  • +0.93%
  • 5 Yr Return
  • -0.58%

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 96.02%
Cash 3.98%
ForeignBonds 0.50%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignStocks 0.00%
ForeignHedged 0.00%
Total Net Assets 42.48 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.01 -0.19 0.29
Beta 0.84 0.87 0.92
R Squared 0.97 0.97 0.97
Std Deviation 3.44 3.46 3.36
Sharpe Ratio 0.99 0.52 n/a

Purchase Information

as of 5:17 PM ET 09/16/2021
Minimum Initial $1000
Minimum Additional $100
Minimum Initial IRA $250

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 05/31/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 05/31/2021
1 Year
  • +3.99%
  • +5.30%
+3.99% +5.30%
3 Year
  • +4.45%
  • +4.39%
+4.45% +4.39%
10 Year
  • +4.05%
  • +4.32%
+4.05% +4.32%
Life Of Fund
  • +5.12%
  • +5.14%
+5.12% +5.14%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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