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DVMMX Delaware MN High-Yield Muni Bd C

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Fund DVMMX Delaware MN High-Yield Muni Bd C SMTFX Sit MN Tax-Free Income  
100% 98%
Annual Fees
(1.64% Exp. Ratio)
(0.82% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.09% annual return
$11,324.02 $14,526.74
Est. savings over 30 yrs +$3,202.72
As of 12/31/16
1 YR RETURN -0.46%
3 YR 3.56%
5 YR 2.71%
10 YR 3.15%
1 YR RETURN 0.14%
3 YR 4.45%
5 YR 3.44%
10 YR 4.05%
The investment seeks a high level of current income that is exempt from federal income tax and from Minnesota state personal income taxes, primarily through investment in medium- and lower-grade municipal obligations. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal securities the income from which is exempt from federal income tax, including the federal alternative minimum tax, and from Minnesota state personal income taxes. It will generally have a dollar-weighted average effective maturity of between 5 and 30 years.
The investment seeks high current income that is exempt from federal regular income tax and Minnesota regular personal income tax consistent with preservation of capital. The fund seeks to achieve its objective by investing primarily in municipal securities that generate interest income that is exempt from regular federal income tax and Minnesota regular personal income tax. It invests 100% (and, as a fundamental policy, no less than 80%) of its net assets in such tax-exempt municipal securities. It is non-diversified.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

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