Address And Details

1 North Wacker Drive , Chicago, IL 60606
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The Fund seeks to provide total return consisting of capital appreciation and current income exempt from federal income tax. Under normal circumstances, the Fund will invest at least 80% of its net assets (plus borrowings for investment purposes, if any) in municipal bonds and other investments with similar economic characteristics, the interest on which is exempt from regular federal income tax. The Fund primarily invests in securities that, at the time of purchase, are rated investment grade by an independent rating agency(or if unrated are deemed to be of comparable quality by the Advisor), but may invest up to 10% in securities rated below investment grade(also known as "junk bonds"). The Fund may also, to a lesser extent,invest in US Treasury securities and other securities of the US government, its agencies and government-sponsored enterprises. The Fund is a non-diversified fund.

Net Asset Value

as of 4:47 PM ET 09/10/2021


  • 1 Week
  • 0.00%
  • 1 Month
  • -0.27%
  • 3 Months
  • -0.36%
  • 1 Yr Return
  • 0.00%
  • 5 Yr Return
  • +4.40%

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 99.55%
Other 0.42%
Cash 0.03%
Stocks 0.00%
Preferred 0.00%
Convertible 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 101.98 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -0.52 -0.69 n/a
Beta 1.06 1.02 n/a
R Squared 0.98 0.98 n/a
Std Deviation 4.32 4.06 n/a
Sharpe Ratio 0.88 0.40 n/a

Purchase Information

as of 5:02 PM ET 09/09/2021
Minimum Initial $2000000
Minimum Additional $0
Minimum Initial IRA $0


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
  • +2.18%
  • +3.50%
+2.18% +3.50%
3 Year
  • +4.84%
  • +4.85%
+4.84% +4.85%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +3.31%
  • +3.36%
+3.31% +3.36%

Top 10 Holdings

Symbol Company Name % Of Assets

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