Frost Low Duration Municipal Bond Inst

The investment seeks to provide a consistent level of current income exempt from federal income tax with a secondary emphasis on maximizing total return.
The fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, at the time of initial purchase, in municipal securities that generate income exempt from federal income tax, but not necessarily the federal alternative minimum tax ("AMT"). These securities include securities of municipal issuers located in Texas as well as in other states, territories and possessions of the United States. It primarily invests in securities that are of investment grade.

Key stats

Management firm  Frost Funds
Domicile  United States
Fund Administrator  SEI Investments Global Funds Services
Global Branding Name  Frost
Fund Status  OBSOLETE
12 month yield  1.08%
Fund currency  USD
Launch Date  2004-08-12
Obsolete Date  2013-08-09
ISIN  US00766Y7866
Manager 1 Name  Jeffery Elswick
Fund Strategy  Muni National Short
Benchmark  Barclays Municipal 3 Yr 2-4 TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2013-07-31
Return - 1 Month  0.14%
Return - 2 Months  -0.50 %
Return - 3 Months  -0.62%
Return - 6 Months  -0.34 %
Return - 9 months  -0.21 %
Return - 12 Months  -0.20%
Annualized return 24 months  0.56 %
Annualized return 36 months  0.80 %
Annualized return 48 months  1.42 %
Annualized return 60 months  2.03 %
Annualized return since Inception  2.12%
Return YTD  -0.22%

Ratings

Morning Star Rating Date   2013-07-31
Morning Star Rating - 36 Months  fund has a 2 star rating fund has a 2 star rating
Morning Star Rating - 60 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - Overall  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating

Charges

Minimum Investment  $1,000,000
Maximum Managment Charge  0.50 %

Contact

Contact Address  Frost Funds
Contact Address 2  100 W. Houston Street, 15th Floor
Contact city  San Antonio
Contact country  United States
Fund Admin Group  Frost Funds
Web Address  www.frostbank.com
Custodian  Union Bank N.A.

Price

Last Price Date  2013-08-09
Pre-tax nav  9.84

Funds Disclaimer

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Ratings Disclaimer

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