Seligman Municipal CA High-Yield C 100 Park Avenue 8th Floor New York NY 10017 Map
Phone: 800-221-7844
| Category: | Muni California Long | | Fund Family: | Seligman | | Net Assets: | 5.92M | | Year-to-Date Return: | 10.38% | | Yield: | 3.08% | | Morningstar Rating: |  | | Fund Inception Date: | 27-May-99 |
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Catherine M. Stienstra
Lead Manager since
06-Apr-09 | | | Stienstra is a portfolio manager and Leader of the municipal sector team with RiverSource Investments. She joined the company since July 2007. Prior to that, Stienstra worked as Director and Senior Portfolio Manager for FAF Advisors, since 1998 to 2007, and worked with Piper Capital Management since 1990 to 1998. She began her investment career in 1988. |
| Min Initial Investment: | $2,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | $100 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks the maximum income exempt from regular federal income taxes and from the personal income taxes of California consistent with preservation of capital and with consideration given to capital gain. The fund invests at least 80% of net assets in California municipal securities that are within any rating category, including securities rated below investment-grade or securities that are not rated. It generally invests in long-term municipal bonds. The fund may temporarily invest more than 20% of assets in taxable investment-grade fixed-income securities. It is nondiversified. |
| Last Dividend
(24-Nov-09):
| 0.02 | | Last Cap Gain
(13-Nov-07):
| 0.01 | | Annual Holdings Turnover
| 63.00% | | Average for Category:
| 31.92% |
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| Expense | SHMCX | Category Avg | | Total Expense Ratio: | %
| 1.02% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.29% | | Max Deferred Sales Load: | 1.00%
| 2.71% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $559 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $800 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,485 |
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