Munder Tax-Free Shrt-Interm Bond B 480 Pierce Street Birmingham MI 48009 Map
Phone: 800-438-5789
| Category: | Muni National Short | | Fund Family: | Munder | | Net Assets: | 790.00K | | Year-to-Date Return: | 4.35% | | Yield: | 2.02% | | Morningstar Rating: |  | | Fund Inception Date: | 16-May-96 |
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Roger A. Soderstrom
Lead Manager since
01-Aug-99 | | | Soderstrom is a senior portfolio manager at Munder Capital Management. Prior to joining MCM in 1997, he had managed the core fixed income portfolio at Foremost Corporation of America since 1987.His other responsibilities include overseeing the trading of tax-exempt fixed income securities and managing taxable client portfolios. He is a member of MCMs insurance asset management group. |
| Min Initial Investment: | $2,500 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | $50 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks to provide a competitive level of current interest income exempt from regular Federal income taxes and a total return which, over time, exceeds the return provided by tax-free money market instruments. The fund normally invests at least 80% of assets in securities the interest from which is exempt from regular Federal income tax. It may invest up to 20% of assets in securities whose income is not considered exempt from regular federal income tax, including bonds subject to AMT and other taxable obligations. The municipal bonds in which the Fund will invest will generally be rated A or better, or if unrated, of comparable quality. |
| Last Dividend
(25-Nov-09):
| 0.02 | | Last Cap Gain
(29-Dec-08):
| 0.01 | | Annual Holdings Turnover
| 22.00% | | Average for Category:
| 50.31% |
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| Expense | MUTBX | Category Avg | | Total Expense Ratio: | %
| 0.83% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 2.39% | | Max Deferred Sales Load: | 5.00%
| 1.76% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $383 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $600 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,213 |
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