About: The Fund normally invests at least 80% of its Managed Assets in municipal bonds issued to finance infrastructure sectors and projects in the United States. It will invest at least 50% of its Managed Assets in municipal bonds that, at the time of investment, are rated investment grade. The Fund may invest up to 30% of assets in municipal bonds the income from which is subject to the federal AMT applicable to individuals. It may have 25% or more of its assets invested in a single infrastructure sector or invested across similar projects.
Tags: Asset Management Financial Services