YieldQuest Tax Exempt Bond Inst

The investment seeks to maximize current tax-exempt income.
The fund generally invests at least 80% of assets in municipal bonds exempt from both regular federal income tax and federal AMT, either directly or indirectly through ETFs and closed-end funds whose underlying investments in municipal bonds also are exempt from both federal income tax and federal AMT. It may invest up to 20% of net assets in other securities, including preferred stocks and taxable bonds, equity and/or mortgage REITs, and open-end mutual funds that employ hedging strategies.

Key stats

Management firm  Yieldquest Funds
Fund Status  OBSOLETE
12 month yield  4.45%
Fund currency  USD
Launch Date  2005-10-31
Obsolete Date  2011-10-26
ISIN  US98584A3032
Manager 1 Name  Jay Chitnis
Fund Strategy  Muni National Interm
Benchmark  BarCap Municipal 7 Yr 6-8 TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2011-09-30
Return - 1 Month  -8.84%
Return - 2 Months  -19.14 %
Return - 3 Months  -28.61%
Return - 6 Months  -41.39 %
Return - 9 months  -42.95 %
Return - 12 Months  -38.97%
Annualized return 24 months  -27.43 %
Annualized return 36 months  -16.97 %
Annualized return 48 months  -16.20 %
Annualized return 60 months  -12.95 %
Return 120 months  0.00 %
Annualized return since Inception  -9.91%
Return YTD  -42.95%

Ratings

Morning Star Rating Date   2011-09-30
Morning Star Rating - 36 Months  fund has a 1 star rating
Morning Star Rating - 60 Months  fund has a 1 star rating
Morning Star Rating - Overall  fund has a 1 star rating

Charges

Initial  0.00 %
Minimum Investment  $10,000
Maximum Managment Charge  0.59 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Yieldquest Funds
Contact Address 2  3280 Peachtree Road, Suite 2600
Contact city  Atlanta
Contact country  United States
Fund Admin Group  Yieldquest Funds
Web Address  www.yieldquest.com

Price

Last Price Date  2011-10-26
Pre-tax nav  4.27
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.00
Price change (percentage)  0.00 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

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