Aberdeen Tax-Free Income Instl Svc (ABESX)
* As of 31-Mar-14
Quotes delayed, except where indicated otherwise. Currency in USD.
- No Headlines available for ABESX at this time.
|Symbol||% Assets||YTD Return %|
|Harris Cnty Tex Health Facs De Rev 5.75%||6.62||N/A|
|Pennsylvania St Tpk Commn Regi Rev 5.25%||4.76||N/A|
|Texas St Mobility 5%||2.86||N/A|
|Fort Bend Tex Indpt Sch Dist 5%||2.66||N/A|
|New York St Dorm Auth 5%||2.65||N/A|
|Morningstar Overall Rating:|
|Category:||Muni National Interm|
|Annual Report Expense Ratio (net):||0.62%|
Performance & Risk
|5y Avg Return:||5.28%|
|Rank in Category (ytd):||18|
|% Rank in Category (ytd):||5.98%|
|Morningstar Risk Rating:||4|
The investment seeks a high level of current income that is exempt from federal income taxes by investing in investment grade municipal obligations.
The fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in investment grade fixed income securities that qualify as tax-exempt municipal obligations. It may invest in specific types of municipal obligations, including tax-exempt zero-coupon securities, auction rate securities and floating- and variable-rate bonds. View More