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Address And Details

333 S Hope St , Los Angeles, CA 90071
Fund Manager Aaron Applebaum
Manager Tenure 5 Years

Strategy And Objective

The fund s investment objective is to provide you with current income exempt from regular federal income tax, consistent with the maturity and quality standards described in this prospectus, and to preserve capital. Under normal circumstances, the fund will invest at least 80% of its assets in, or derive at least 80% of its income from, securities that are exempt from regular federal income tax and that do not subject you to federal alternative minimum tax. The fund may also invest up to 20% of its assets in securities that may subject you to federal alternative minimum tax. The fund invests primarily in debt securities rated AA- or better or Aa3 or better by Nationally Recognized Statistical Rating Organizations designated by the fund s investment adviser, or unrated but determined by the fund s investment adviser to be of equivalent quality. The fund may also invest in debt securities rated A- or better or A3 or better by Nationally Recognized Statistical Rating Organizations designated by the fund s investment adviser, or unrated but determined by the fund s investment adviser to be of equivalent quality. The fund s aggregate portfolio will have a dollar-weighted average effective maturity no greater than three years. The investment adviser uses a system of multiple portfolio managers in managing the fund s assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers. The fund relies on the professional judgment of its investment adviser to make decisions about the fund s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.

Net Asset Value

as of 5:19 PM ET 01/26/2022

Performance

  • 1 Week
  • -0.39%
  • 1 Month
  • -1.17%
  • 3 Months
  • -1.07%
  • 1 Yr Return
  • -2.03%
  • 5 Yr Return
  • n/a

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 101.96%
Stocks 0.00%
Cash 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Other -1.96%
Total Net Assets 107.00 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 0.62 n/a n/a
Beta 0.18 n/a n/a
R Squared 0.21 n/a n/a
Std Deviation 1.30 n/a n/a
Sharpe Ratio 1.03 n/a n/a

Purchase Information

as of 5:20 PM ET 01/25/2022
Minimum Initial $250
Minimum Additional $50
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 12/31/2021 Average Annual Current Performance Quarterly As Of 12/31/2021 Avg Annual Current Performance Monthly As Of 12/31/2021 Avg Annual Current Performance Quarterly As Of 12/31/2021
1 Year
  • -0.08%
  • -0.08%
-0.08% -0.08%
3 Year
  • +2.10%
  • +2.10%
+2.10% +2.10%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +1.76%
  • +1.76%
+1.76% +1.76%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

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