Home Account PricesPerformance Funds Retirement College Education

New window: AdvantageVoice - Opening the door to investment conversations. Read our new blog.

Pennsylvania Tax-Free Fund – EKVAX

Class A


CUSIP 94985D699


Share Price 02-11-16 12.03


Daily Change 0.02


YTD Return 1.53%


30-Day SEC Yield as of 02-10-16 1.44%


Morningstar Category Muni Pennsylvania


Inception Date 12-27-1990


Fund Number 4301


Net Fund Assets as of 01-31-2016 $196,632,207.21


Overall Morningstar Rating™ (out of 72 funds)
as of 01-31-2016
View Details
Morningstar RatingMorningstar RatingMorningstar Rating


More Information


Printer Friendly Profile
E-Mail a Friend
 
Click on the tabs below for additional information on this fund:

MORNINGSTAR RATINGS™ as of 01-31-2016


Category = Muni Pennsylvania


3-year Morningstar Rating™ (out of 72 funds)   Morningstar RatingMorningstar RatingMorningstar Rating


5-year Morningstar Rating™ (out of 72 funds)   Morningstar RatingMorningstar RatingMorningstar Rating


10-year Morningstar Rating™ (out of 60 funds)   Morningstar RatingMorningstar RatingMorningstar Rating


Overall Morningstar Rating™ (out of 72 funds)   Morningstar RatingMorningstar RatingMorningstar Rating


The Overall Morningstar Rating for a fund is derived from a weighted-average of the performance figures associated with its three-, five- and ten-year (if applicable) ratings, based on risk-adjusted returns. Click here for more information.

Morningstar® Style Box™as of 01-31-2016
Morningstar Style Box
Click here for more information.

LIPPER INC. TOTAL RETURN RANKINGS – as of 01-31-2016
Lipper Pennsylvania Municipal Debt Funds


1-year   9 out of 58


3-year   5 out of 54


5-year   11 out of 54


10-year   8 out of 43


Past performance is no guarantee of future results.

AVERAGE ANNUAL TOTAL RETURNS – as of 12-31-2015


    1-year 3-year 5-year 10-year Since Inception


Pennsylvania Tax-Free Fund   NAV   3.66%   3.81%   6.01%   4.54%   5.57%


POP   -1.01%   2.22%   5.04%   4.05%   5.37%


Barclays Municipal Bond Index       3.30%   3.16%   5.35%   4.72%   --


Figures quoted represent past performance, which is no guarantee of future results. Investment return, principal value, and yields of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance shown without sales charges would be lower if sales charges were reflected. Current performance may be lower or higher than the performance data quoted and assumes the reinvestment of dividends and capital gains. Click here for current month-end performance.
Public offering price (POP) is the price of one share of a fund including any sales charges. Net asset value (NAV) is the value of one share of the fund excluding any sales charges. Had sales charges been included, performance would be lower.
For Class A shares, the maximum front-end sales charge is 4.50%. Performance including sales charge assumes the sales charge for the corresponding time period.

EXPENSES


Net Expense Ratio – effective since 11-01-15   0.74%


Gross Expense Ratio   0.90%


The advisor has committed, through 10-31-16, to waive fees and/or reimburse expenses to the extent necessary to cap the fund's total annual fund operating expenses after fee waiver, excluding certain expenses, at 0.74%. After this time, the cap may be increased or terminated only with the approval of the Board of Trustees. Without this cap, the fund's returns would have been lower.

CALENDAR YEAR RETURNS


2014     10.17%
2013   -2.06%
2012     8.22%
2011     10.57%
2010     2.64%
2009     18.02%
2008   -8.88%
2007     1.25%
2006     4.12%
2005     2.65%

View the 30-day unsubsidized SEC yields.

  • Not FDIC Insured
  • No Bank Guarantee
  • May Lose Value