10.05
+0(+0.00%)
Currency In USD
Address
, MA
United States of America
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
August 31, 1993
The fund pursues its objective by investing its assets so that, normally, distributions of annual interest income are exempt from federal regular income tax. It will invest at least a majority of its assets in securities rated investment-grade (or unrated securities of comparable quality), and may purchase securities rated below investment-grade (or unrated securities of comparable quality), which are also known as junk bonds, up to 49% of its assets.