Commerce Funds, Kansas Tax Free Intermediate Bond Fd Inst Shs (KTXIX) NASDAQ

18.36

-0.030001(-0.16%)

Updated at September 26 04:00PM

Currency In USD

Commerce Funds, Kansas Tax Free Intermediate Bond Fd Inst Shs

Address

1000 Walnut St

Kansas City, MO 64121

United States of America

Phone

8006212550

Website

N/A

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

December 26, 2000

Key Executives

N/A

Description

The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in Kansas municipal bonds, the income from which, in the opinion of bond counsel, is exempt from regular federal income taxes, federal alternative minimum taxes and Kansas taxes. It may invest up to 10% of its total assets in such unrated securities. The fund is non-diversified.