First Investors Tax Exempt CA A
110 Wall Street New York NY 10005
Map
Phone: 800-423-4026
| Category: | Muni California Long | | Fund Family: | First Investors | | Net Assets: | 30.00M | | Year-to-Date Return: | 12.97% | | Yield: | 3.97% | | Morningstar Rating: |  | | Fund Inception Date: | 23-Feb-87 |
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Clark D. Wagner
Lead Manager since
01-Jul-91 | | | Wagner is the director of Fixed Income and has served as the Portfolio Manager of the Government Fund since 1995. He also serves as Portfolio Manager and Co-Portfolio Manager for certain other First Investors Funds and has been a Portfolio Manager with FIMCO since 1991. Previously, Wagner spent three years as a vice president with General Electric Investment Corporation, and two years as a senior trader with American Express Company. He also worked at National Westminster Bank USA. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | NaN | | Min Subsequent Investment: | NaN | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks a high level of interest income that is exempt from both federal and state income tax. The fund normally invests 80% of assets in California, U.S. commonwealths, possessions or territories municipal securities that are insured as to the timely payment of principal and interest by independent insurance companies that are rated as investment grade by at least one NRSRO, or are determined by the adviser to be of investment grade quality. It generally invests in long-term bonds with maturities of fifteen years or more and may also invest in derivative securities. |
| Last Dividend
(30-Nov-09):
| 0.04 | | Last Cap Gain
(31-Dec-08):
| 0.01 | | Annual Holdings Turnover
| 65.00% | | Average for Category:
| 31.92% |
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| Expense | FICAX | Category
Avg | | Total Expense Ratio: | %
| 1.02% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | 5.75%
| 4.29% | | Max Deferred Sales Load: | %
| 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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