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Fund |
| Fund name: Excelsior CA Tax-Exempt Income
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| Symbol: UMCAX
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Portfolio contains these types of investments:
CA San Francisco Arpt Com 5% CA State GO 5.9% - CA Orange Loc Transp Sales Tax 6% - CA Contra Costa Transp Sales Tax 6% - CA Orange Loc Transp Sales Tax 6% - CA South Metro Wtr Dist Wtrwks 5.75% - CA Long Beach Wtr 6.25% - CA Contra Costa Transp Sales Tax 6% - CA South Pub Pwr Transmn 5.25% - CA Marin Muni Wtr Dist 5.25%
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| Minimum Investment: $500
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| 1-Year Profit Projection: N/A
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Brief fund description:
Excelsior CA Tax-Exempt Income Fund seeks current income exempt from federal and California state personal income tax, consistent with preservation of capital and relative stability of principial. The fund normally invests at least 65% of assets in California municipal obligations, and at least 80% of assets in municipals exempt from federal income tax. It may only invest in debt rated investment-grade or better. The fund typically maintains a dollar-weighted average maturity of three to 10 years. It is nondiversified.
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Expenses
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| Annual expense ratio: 0.66
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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: 2.50
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| Performance Year to Date: 5.40
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| Performance 12 Months: 4.92
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| Performance 3 Years: 4.01
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| Performance 5 Years: N/A
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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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