North Carolina Tax-Exempt Bond
| A | I | |
|---|---|---|
| CUSIP | 76628T694 | 76628T710 |
| Ticker | SNCIX | CNCFX |
| Share Class Inception | 3/21/2005 | 1/8/2004 |
| Exp Ratio | 0.77 | 0.62 |
| NAV | 10.08 | 10.11 |
| POP | 10.58 | 10.11 |
| NAV Change | 0.00 | 0.00 |
Performance inception and share class inception for this fund differs as performance inception includes the performance of other classes of the Fund and/or predecessors of the Fund.
Subadvisor
Complementary Fund
Morningstar Ratings as of 12/31/09
I Shares received a 3-star rating for overall performance, 3 stars for 3-year performance among 245 funds. For the 5-year and 10-year period ending 12/31/09, the Morningstar Rating is not available.
Peer Group Categories
Morningstar: Muni Single State Interm
Lipper: North Carolina Municipal Debt Funds
Fund Resources
- Fact Sheet (PDF | 1 MB)
- Commentary (PDF | 838 KB)
- Prospectus (PDF | 941 KB)
- Annual Report (PDF | 1 MB)
- Semi-annual Report (PDF | 926 KB)
- SAI (PDF | 822 KB)
North Carolina Tax-Exempt Bond Strategy
The Fund seeks to provide current income exempt from federal income taxes for North Carolina residents without undue investment risk.
Suitability
The Fund is suitable for investors seeking income that is exempt from federal and North Carolina state income taxes. Income is anticipated to make up the greater percentage of total return. Income from the Fund may be subject to the Alternative Minimum Tax.
Click here for disclosures and more information on investment risks.
