First Investors Insured Tax-Ex II A
110 Wall Street New York NY 10005
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Phone: 800-423-4026
| Category: | Muni National Long | | Fund Family: | First Investors | | Net Assets: | 120.16M | | Year-to-Date Return: | 1.29% | | Yield: | 3.46% | | Morningstar Rating: |  | | Fund Inception Date: | 26-Jul-90 |
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Clark D. Wagner
Lead Manager since
01-Jul-91 | | | Wagner is chief investment officer at First Investors Management Company, his employer since 1991. Previously, he spent three years as a vice president with General Electric Investment Corporation, and two years as a senior trader with American Express Company. He also worked at National Westminster Bank USA. Wagner is a member of the Municipal Forum of New York and the Municipal Bond Buyers Conference. He is a contributor to the Handbook of Municipal Bonds. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks income exempt from federal income tax and the Alternative Minimum Tax. The fund normally invests in municipal bonds and other municipal securities, including variable rate and floating rate notes, that pay interest that is exempt from federal income tax and the AMT. It generally invests in long-term bonds with maturities of 15 years or more. The fund may invest in derivative securities, including inverse floaters and interest rate swaps, to hedge against changes in interest rates or to enhance potential return. |
| Last Dividend
(30-May-08):
| 0.04 | | Last Cap Gain
(29-Dec-06):
| 0.14 | | Annual Holdings Turnover
| 118.00% | | Average for Category:
| 42.61% |
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| Expense | EIITX | Category
Avg | | Total Expense Ratio: | 0.99%
| 1.09% | | Max 12b1 Fee: | 0.30%
| N/A | | Max Front End Sales Load: | 5.75%
| 4.35% | | Max Deferred Sales Load: | 0.00%
| 2.70% | | 3 Yr Expense Projection*: |
$889 | $565 | | 5 Yr Expense Projection*: |
$1,125 | $813 | | 10 Yr Expense Projection*: |
$1,800 | $1,517 |
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