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Narragansett Insured Tax-Free Inc Y (NITYX)On Nov 24: 10.63  Up 0.01 (0.09%)  
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Profile  As of 31-Oct-09Get Profile for:
Narragansett Insured Tax-Free Inc Y
380 Madison Ave Ste 2300 New York NY 10017
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Phone: 800-437-1020
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FUND OVERVIEW 
Category:Muni Single State Interm
Fund Family:Aquila
Net Assets:51.55M
Year-to-Date Return:6.20%
Yield:3.86%
Morningstar Rating:5 stars
Fund Inception Date:01-May-96
MORNINGSTAR STYLE BOX 
Muni Single State Interm
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Style box information not available for NITYX

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MANAGEMENT INFORMATION 
Salvatore DiSanto
Lead Manager since 10-Sep-92
DiSanto is a senior vice president and head of the investment division of Citizens Bank. He joined the company in 1954, and became a vice president in 1966, and assumed his current positions in 1986. DiSanto is a member of the Providence Society of Financial Analysts.
INVESTMENT INFORMATION 
Min Initial Investment:$1,000
Min Initial Investment, IRA:NaN
Min Initial Investment, AIP:$50
Min Subsequent Investment:NaN
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
NITYX can be purchased from 14 brokerages.
FUND SUMMARY 
The investment seeks a high level of preservation for investors' capital and consistency in the payment of current income which is exempt from both State of Rhode Island personal income taxes and regular Federal income taxes. The fund invests primarily in Rhode Island Obligations which are insured by nationally recognized insurers of municipal obligations as to the timely payment of principal and interest when due. It invests in tax-free municipal obligations which pay interest exempt from Rhode Island state and regular Federal income taxes. The fund invests at least 80% of assets in these. It is nondiversified.
FUND OPERATIONS 
Last Dividend (30-Oct-09): 0.03
Last Cap Gain YFT_NOT_APPLICABLE_ABBREVIATION
Annual Holdings Turnover 6.17%
Average for Category: 25.49%
FEES & EXPENSES 
ExpenseNITYXCategory
Avg
Total Expense Ratio:0.67% 0.95%
Max 12b1 Fee:% N/A
Max Front End Sales Load:% 3.95%
Max Deferred Sales Load:% 2.46%
3 Yr Expense Projection*: $ 236$527
5 Yr Expense Projection*: $ 418$763
10 Yr Expense Projection*: $ 945$1,436
* Per $10,000 invested


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