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Key statistics Previous close 7.93
Open —
Day range 7.94 7.97
52-week range 7.62 8.36
Off day high 0.00%
Off 52-week high −4.67%
Volume —
Avg. volume (3M) 0.00
Net assets 5.93B
Expense ratio 2.02%
Yield 4.81%
YTD return −0.31%
50-day average 7.87
200-day average 8.16
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Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal securities at the time of investment. It invests at least 75% of its net assets in higher yielding municipal securities, specifically medium- and lower-grade municipal securities. The fund may not, however, invest more than 25% of its net assets in industrial development revenue bonds issued for companies in the same industry.
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