Wasmer Schroeder High Yield Muni Instl

The investment seeks to generate a high level of interest income that is not subject to federal income tax.
Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in municipal securities that pay interest not subject to regular federal income tax. It may from time to time invest temporarily up to 20% of its net assets in taxable securities of at least comparable quality to the municipal securities in which the fund invests. The fund may hold up to 15% of its net assets in illiquid or thinly traded securities.

Key stats

Management firm  Wasmer Schroeder
Domicile  United States
Fund Administrator  U.S. Bancorp Fund Services, LLC
Fund currency  USD
Launch Date  2014-03-31
ISIN  US00770X6269
Manager 1 Name  Jason Diefenthaler
Fund Strategy  High Yield Muni
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  1.84%
Return - 2 Months  1.81 %
Return - 3 Months  2.28%
Return - 6 Months  0.00 %
Return - 9 months  0.00 %
Return - 12 Months  0.00%
Annualized return 24 months  0.00 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  6.10%
Return YTD  0.00%

Charges

Initial  0.00 %
Minimum Investment  $100,000
Maximum Managment Charge  0.75 %
Exit charge  1.00 %
Performance Fee  0.00 %

Contact

Contact Address  Wasmer Schroeder
Contact Address 2  600 Fifth Avenue S. Suite 210
Contact city  Naples
Contact country  United States
Fund Admin Group  Wasmer Schroeder
Web Address  www.wasmerschroeder.com
Custodian  U.S. Bank National Association

Price

Last Price Date  2014-09-16
Pre-tax nav  10.38
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

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Ratings Disclaimer

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