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Mutual Funds Weekly Roundup: August 2
Brian Mathews
|
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The fund invests at least 80% of its net assets in securities whose interest is free from federal income taxes, including the federal alternative minimum tax. It only buys municipal securities rated, at the time of purchase, in one of the top four ratings categories by one or more U.S. nationally recognized rating services.
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| Period | FORIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.3% | -4.4% | 2.3% | 20.00% |
| 1 Yr | 1.5% | -3.9% | 2.3% | 19.00% |
| 3 Yr | 0.5%* | -1.6% | 2.6% | 36.00% |
| 5 Yr | 0.2%* | -1.0% | 1.4% | 52.11% |
| 10 Yr | -0.2%* | -0.9% | 0.7% | 73.08% |
* Annualized
| Period | FORIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 3.2% | 0.1% | 8.0% | 62.63% |
| 2018 | -2.4% | -4.8% | 7.3% | 59.43% |
| 2017 | 0.4% | -6.5% | 3.8% | 62.25% |
| 2016 | -2.3% | -6.4% | -0.4% | 35.21% |
| 2015 | -1.2% | -4.7% | 1.1% | 68.79% |
| Period | FORIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.3% | -4.4% | 2.3% | 20.00% |
| 1 Yr | 1.5% | -3.9% | 2.3% | 19.00% |
| 3 Yr | 0.5%* | -1.6% | 2.6% | 36.57% |
| 5 Yr | 0.2%* | -1.0% | 2.8% | 52.82% |
| 10 Yr | -0.2%* | -0.9% | 0.8% | 73.08% |
* Annualized
| Period | FORIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 3.2% | 0.1% | 8.0% | 62.63% |
| 2018 | -2.4% | -4.8% | 7.3% | 61.71% |
| 2017 | 0.4% | -6.5% | 4.7% | 62.25% |
| 2016 | -2.3% | -6.4% | 0.7% | 38.73% |
| 2015 | -1.2% | -4.7% | 4.0% | 68.79% |
| FORIX | Category Low | Category High | FORIX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.31 B | 6.18 M | 2.53 B | 9.50% |
| Number of Holdings | 218 | 29 | 631 | 26.13% |
| Net Assets in Top 10 | 328 M | 2.88 M | 338 M | 3.52% |
| Weighting of Top 10 | 24.88% | 9.6% | 47.8% | 41.71% |
| Weighting | Return Low | Return High | FORIX % Rank | |
|---|---|---|---|---|
| Bonds | 101.73% | 17.56% | 133.94% | 10.00% |
| Stocks | 0.00% | 0.00% | 0.71% | 71.00% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 70.85% |
| Other | 0.00% | -1.48% | 7.08% | 75.38% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 70.85% |
| Cash | -1.73% | -41.01% | 82.44% | 92.46% |
| Weighting | Return Low | Return High | FORIX % Rank | |
|---|---|---|---|---|
| Municipal | 100.00% | 17.56% | 100.00% | 32.16% |
| Derivative | 0.00% | 0.00% | 0.00% | 70.85% |
| Cash & Equivalents | 0.00% | 0.00% | 82.44% | 86.93% |
| Securitized | 0.00% | 0.00% | 0.00% | 70.85% |
| Corporate | 0.00% | 0.00% | 0.58% | 70.85% |
| Government | 0.00% | 0.00% | 0.34% | 70.85% |
| Weighting | Return Low | Return High | FORIX % Rank | |
|---|---|---|---|---|
| US | 100.76% | 17.56% | 122.64% | 15.58% |
| Non US | 0.97% | 0.00% | 21.42% | 50.75% |
| FORIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.20% | 0.25% | 2.73% | 26.50% |
| Management Fee | 0.47% | 0.20% | 0.80% | 22.00% |
| 12b-1 Fee | 0.65% | 0.00% | 1.00% | 72.90% |
| Administrative Fee | 0.15% | 0.01% | 0.35% | 75.00% |
| FORIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 4.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 1.00% | 77.27% |
| FORIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 0.50% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FORIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 15.49% | 1.00% | 80.68% | 73.74% |
| FORIX | Category Low | Category High | FORIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 2.47% | 74.00% |
| FORIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
| FORIX | Category Low | Category High | FORIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.18% | 1.05% | 4.17% | 81.00% |
| FORIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
| Date | Amount |
|---|---|
| Jul 31, 2019 | $0.023 |
| Jun 28, 2019 | $0.020 |
| May 31, 2019 | $0.023 |
| Apr 30, 2019 | $0.033 |
| Mar 29, 2019 | $0.025 |
| Feb 28, 2019 | $0.025 |
| Jan 31, 2019 | $0.025 |
| Dec 31, 2018 | $0.025 |
| Nov 30, 2018 | $0.024 |
| Oct 31, 2018 | $0.024 |
| Sep 28, 2018 | $0.024 |
| Aug 31, 2018 | $0.024 |
| Jul 31, 2018 | $0.025 |
| Jun 29, 2018 | $0.025 |
| May 31, 2018 | $0.025 |
| Apr 30, 2018 | $0.025 |
| Mar 29, 2018 | $0.025 |
| Feb 28, 2018 | $0.025 |
| Jan 31, 2018 | $0.025 |
| Dec 29, 2017 | $0.026 |
| Nov 30, 2017 | $0.026 |
| Oct 31, 2017 | $0.026 |
| Sep 29, 2017 | $0.026 |
| Aug 31, 2017 | $0.026 |
| Jul 31, 2017 | $0.027 |
| Jun 30, 2017 | $0.027 |
| May 31, 2017 | $0.028 |
| Apr 28, 2017 | $0.028 |
| Mar 31, 2017 | $0.028 |
| Feb 28, 2017 | $0.027 |
| Jan 31, 2017 | $0.027 |
| Dec 30, 2016 | $0.026 |
| Nov 30, 2016 | $0.026 |
| Oct 31, 2016 | $0.027 |
| Sep 30, 2016 | $0.027 |
| Aug 31, 2016 | $0.028 |
| Jul 29, 2016 | $0.028 |
| Jun 30, 2016 | $0.028 |
| May 31, 2016 | $0.029 |
| Apr 29, 2016 | $0.029 |
| Mar 31, 2016 | $0.029 |
| Feb 29, 2016 | $0.029 |
| Jan 29, 2016 | $0.029 |
| Dec 31, 2015 | $0.029 |
| Nov 30, 2015 | $0.030 |
| Oct 30, 2015 | $0.030 |
| Sep 30, 2015 | $0.030 |
| Aug 31, 2015 | $0.030 |
| Jul 31, 2015 | $0.031 |
| Jun 30, 2015 | $0.031 |
| May 29, 2015 | $0.030 |
| Apr 30, 2015 | $0.031 |
| Mar 31, 2015 | $0.031 |
| Feb 27, 2015 | $0.031 |
| Jan 30, 2015 | $0.032 |
| Dec 31, 2014 | $0.032 |
| Nov 28, 2014 | $0.032 |
| Oct 31, 2014 | $0.032 |
| Sep 30, 2014 | $0.032 |
| Aug 29, 2014 | $0.033 |
| Jul 31, 2014 | $0.034 |
| Jun 30, 2014 | $0.034 |
| May 30, 2014 | $0.034 |
| Mar 31, 2014 | $0.034 |
| Feb 28, 2014 | $0.035 |
| Dec 31, 2013 | $0.034 |
| Nov 29, 2013 | $0.034 |
| Oct 31, 2013 | $0.034 |
| Sep 30, 2013 | $0.032 |
| Jun 28, 2013 | $0.030 |
| Mar 28, 2013 | $0.029 |
| Feb 28, 2013 | $0.029 |
| Jan 31, 2013 | $0.029 |
| Dec 31, 2012 | $0.029 |
| Nov 30, 2012 | $0.029 |
| Oct 31, 2012 | $0.029 |
| Sep 28, 2012 | $0.030 |
| Aug 31, 2012 | $0.032 |
| Jul 31, 2012 | $0.032 |
| Jun 29, 2012 | $0.041 |
| May 22, 2012 | $0.032 |
| Apr 20, 2012 | $0.032 |
| Mar 22, 2012 | $0.033 |
| Feb 21, 2012 | $0.035 |
| Jan 23, 2012 | $0.025 |
| Dec 30, 2011 | $0.009 |
| Dec 21, 2011 | $0.035 |
| Nov 21, 2011 | $0.036 |
| Oct 21, 2011 | $0.036 |
| Sep 21, 2011 | $0.036 |
| Aug 22, 2011 | $0.037 |
| Jul 21, 2011 | $0.037 |
| Jun 21, 2011 | $0.037 |
| May 20, 2011 | $0.038 |
| Apr 20, 2011 | $0.038 |
| Mar 22, 2011 | $0.038 |
| Feb 22, 2011 | $0.037 |
| Jan 21, 2011 | $0.037 |
| Dec 21, 2010 | $0.037 |
| Nov 22, 2010 | $0.037 |
| Oct 21, 2010 | $0.037 |
| Sep 21, 2010 | $0.037 |
| Aug 23, 2010 | $0.037 |
| Jul 21, 2010 | $0.037 |
| Jun 22, 2010 | $0.037 |
| May 21, 2010 | $0.034 |
| Apr 21, 2010 | $0.034 |
| Mar 22, 2010 | $0.034 |
| Feb 22, 2010 | $0.034 |
| Jan 21, 2010 | $0.034 |
| Dec 22, 2009 | $0.034 |
| Nov 20, 2009 | $0.036 |
| Oct 21, 2009 | $0.036 |
| Sep 22, 2009 | $0.036 |
| Aug 21, 2009 | $0.037 |
| Jul 21, 2009 | $0.037 |
| Jun 22, 2009 | $0.037 |
| May 21, 2009 | $0.037 |
| Apr 21, 2009 | $0.037 |
| Mar 20, 2009 | $0.037 |
| Feb 23, 2009 | $0.036 |
| Jan 21, 2009 | $0.036 |
| Dec 22, 2008 | $0.036 |
| Nov 21, 2008 | $0.035 |
| Oct 21, 2008 | $0.035 |
| Sep 22, 2008 | $0.035 |
| Aug 21, 2008 | $0.035 |
| Jul 22, 2008 | $0.035 |
| Jun 23, 2008 | $0.035 |
| May 21, 2008 | $0.035 |
| Apr 22, 2008 | $0.035 |
| Mar 24, 2008 | $0.035 |
| Feb 21, 2008 | $0.035 |
| Jan 23, 2008 | $0.035 |
| Dec 21, 2007 | $0.035 |
| Nov 20, 2007 | $0.035 |
| Oct 22, 2007 | $0.035 |
| Sep 21, 2007 | $0.035 |
| Aug 21, 2007 | $0.035 |
| Jul 20, 2007 | $0.035 |
| Jun 20, 2007 | $0.035 |
| May 21, 2007 | $0.035 |
| Apr 20, 2007 | $0.035 |
| Mar 20, 2007 | $0.035 |
| Feb 21, 2007 | $0.035 |
| Jan 22, 2007 | $0.035 |
| Dec 22, 2006 | $0.035 |
| Nov 21, 2006 | $0.035 |
| Oct 20, 2006 | $0.035 |
| Sep 21, 2006 | $0.035 |
| Aug 21, 2006 | $0.035 |
| Jul 21, 2006 | $0.035 |
| Jun 20, 2006 | $0.035 |
| May 22, 2006 | $0.035 |
| Mar 21, 2006 | $0.035 |
| Feb 22, 2006 | $0.036 |
| Jan 20, 2006 | $0.036 |
| Dec 20, 2005 | $0.036 |
| Nov 21, 2005 | $0.036 |
| Oct 21, 2005 | $0.037 |
| Sep 19, 2005 | $0.037 |
| Aug 22, 2005 | $0.038 |
| Jul 19, 2005 | $0.038 |
| Jun 20, 2005 | $0.038 |
| May 23, 2005 | $0.037 |
| Apr 22, 2005 | $0.037 |
| Mar 21, 2005 | $0.037 |
| Feb 22, 2005 | $0.038 |
| Jan 24, 2005 | $0.038 |
| Dec 20, 2004 | $0.038 |
| Nov 22, 2004 | $0.039 |
| Oct 20, 2004 | $0.039 |
| Sep 20, 2004 | $0.039 |
| Aug 20, 2004 | $0.039 |
| Jul 20, 2004 | $0.039 |
| Jun 21, 2004 | $0.039 |
| May 20, 2004 | $0.039 |
| Apr 20, 2004 | $0.039 |
| Mar 22, 2004 | $0.039 |
| Feb 20, 2004 | $0.038 |
| Jan 20, 2004 | $0.038 |
| Dec 22, 2003 | $0.038 |
| Nov 20, 2003 | $0.038 |
| Oct 20, 2003 | $0.038 |
| Sep 22, 2003 | $0.038 |
| Aug 20, 2003 | $0.038 |
| Jul 21, 2003 | $0.038 |
| Jun 20, 2003 | $0.038 |
| May 20, 2003 | $0.039 |
| Apr 21, 2003 | $0.039 |
| Mar 20, 2003 | $0.039 |
| Feb 20, 2003 | $0.040 |
| Jan 21, 2003 | $0.040 |
| Dec 20, 2002 | $0.040 |
| Nov 20, 2002 | $0.040 |
| Oct 21, 2002 | $0.040 |
| Sep 20, 2002 | $0.040 |
| Aug 20, 2002 | $0.040 |
| Jul 19, 2002 | $0.040 |
| Jun 20, 2002 | $0.040 |
| May 20, 2002 | $0.040 |
| Apr 19, 2002 | $0.040 |
| Mar 20, 2002 | $0.040 |
| Feb 20, 2002 | $0.040 |
| Jan 22, 2002 | $0.040 |
| Dec 20, 2001 | $0.040 |
| Nov 20, 2001 | $0.041 |
| Oct 19, 2001 | $0.041 |
| Sep 20, 2001 | $0.041 |
| Aug 20, 2001 | $0.043 |
| Jul 20, 2001 | $0.043 |
| Jun 21, 2001 | $0.043 |
| May 21, 2001 | $0.042 |
| Apr 20, 2001 | $0.042 |
| Mar 21, 2001 | $0.042 |
| Feb 21, 2001 | $0.043 |
| Jan 22, 2001 | $0.043 |
| Dec 20, 2000 | $0.043 |
| Nov 20, 2000 | $0.043 |
| Oct 19, 2000 | $0.043 |
| Sep 19, 2000 | $0.043 |
| Aug 18, 2000 | $0.044 |
| Jul 19, 2000 | $0.044 |
| Jun 19, 2000 | $0.044 |
| May 19, 2000 | $0.044 |
| Apr 19, 2000 | $0.044 |
| Mar 22, 2000 | $0.044 |
| Feb 17, 2000 | $0.043 |
| Dec 17, 1999 | $0.043 |
| Nov 19, 1999 | $0.043 |
| Oct 20, 1999 | $0.043 |
| Sep 20, 1999 | $0.043 |
| Aug 19, 1999 | $0.043 |
| Jul 21, 1999 | $0.043 |
| Jun 18, 1999 | $0.043 |
| May 19, 1999 | $0.043 |
| Apr 19, 1999 | $0.043 |
| Mar 19, 1999 | $0.043 |
| Feb 19, 1999 | $0.044 |
| Jan 21, 1999 | $0.044 |
| Dec 23, 1998 | $0.044 |
| Nov 19, 1998 | $0.045 |
| Oct 21, 1998 | $0.045 |
| Sep 23, 1998 | $0.045 |
| Aug 20, 1998 | $0.046 |
| Jul 22, 1998 | $0.046 |
| Jun 24, 1998 | $0.047 |
| May 20, 1998 | $0.047 |
| Apr 22, 1998 | $0.047 |
| Mar 18, 1998 | $0.046 |
| Feb 19, 1998 | $0.046 |
| Jan 22, 1998 | $0.046 |
| Dec 23, 1997 | $0.046 |
| Nov 20, 1997 | $0.046 |
| Oct 22, 1997 | $0.046 |
| Sep 23, 1997 | $0.046 |
| Aug 21, 1997 | $0.047 |
| Jul 23, 1997 | $0.047 |
| Jun 19, 1997 | $0.047 |
| Apr 23, 1997 | $0.047 |
| Mar 20, 1997 | $0.045 |
| Feb 20, 1997 | $0.046 |
| Jan 22, 1997 | $0.046 |
Start Date
Tenure
Tenure Rank
Dec 31, 1991
28.69
28.7%
John Wiley, Senior Vice President, has been a lead portfolio manager since 1993. Wiley has been an analyst or portfolio manager with Franklin Templeton Investments, his employer since 1989. He holds the Chartered Financial Analyst designation.
Start Date
Tenure
Tenure Rank
Dec 31, 2000
19.68
19.7%
Sperry has been an analyst or portfolio manager of Franklin Templeton Investments, his employer since 1996. Sperry holds the Chartered Financial Analyst designation.
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.34 | 33.77 | 14.27 | 30.69 |
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