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Fund |
| Fund name: CGM American Tax-Free
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| Symbol: CGMAX
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Portfolio contains these types of investments:
LA Hodge Util 9% - WA State GO 0% MD Howard Multi-Fam Hsg Chase Glen Dmd PR Infrasct Fin 5% - TX Harris Hlth Fac Dev Meml Hosp 5.125% CO E-470 Pub Hwy 5% - MA Tpk 5% - CA Los Angeles Regl Arpt Lease 6.875% - NY NYC GO 5.5% - TX Bexar Hlth Fac Dev Baptist Sys 5.375%
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| Minimum Investment: $2,500
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| 1-Year Profit Projection: N/A
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Brief fund description:
CGM American Tax-Free Fund seeks income exempt from federal income tax. The fund normally invests at least 75% of assets in investment-grade municipal securities. It may invest up to 25% of assets in securities rated below investment-grade. Potential investments may include variable- and floating-rate obligations. The fund may invest no more than 20% of assets in bonds that are subject to the Alternative Minimum Tax. The fund places no limits on maturity; the average weighted maturity varies according to the outlook for interest rates.
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Expenses
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| Annual expense ratio: N/A
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| Tax Efficiency: N/A
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Load Type:
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| Load Percentage: N/A
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Performance
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| Performance 3 Months: 6.00
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| Performance Year to Date: 7.34
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| Performance 12 Months: 5.89
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| Performance 3 Years: 3.98
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| Performance 5 Years: 5.53
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Additional Comments
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Fund Features:
N/A
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Fund Strategy:
N/A
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