9.74
+0.03(+0.31%)
Currency In USD
Address
100 East Pratt Street
Baltimore, MD 21202
United States of America
Phone
410-345-2000
Website
N/A
Sector
Financial Services
Industry
Asset Management - Bonds
Employees
N/A
First IPO Date
March 31, 1987
The investment seeks to provide, consistent with prudent portfolio management, the highest level of income exempt from federal and Maryland state and local income taxes by investing primarily in investment-grade Maryland municipal bonds. The fund will invest so that, under normal market conditions, at least 80% of its net assets (including any borrowings for investment purposes) are invested in bonds that pay interest exempt from federal and Maryland state and local income taxes, and at least 80% of the fund's income is expected to be exempt from federal and Maryland state and local income taxes. It is non-diversified.