RiverSource Int Tax-Exempt B
70100 Ameriprise Financial Center Minneapolis MN 55474
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Phone: 888-791-3380
| Category: | Muni National Interm | | Fund Family: | RiverSource | | Net Assets: | 5.14M | | Year-to-Date Return: | 1.21% | | Yield: | 2.75% | | Morningstar Rating: |  | | Fund Inception Date: | 13-Nov-96 |
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Catherine M. Stienstra
Lead Manager since
01-Aug-07 | | | Stienstra is a portfolio manager and Leader of the municipal sector team with RiverSource Investments. She joined the company since July 2007. Prior to that, Stienstra worked as Director and Senior Portfolio Manager for FAF Advisors, since 1998 to 2007, and worked with Piper Capital Management since 1990 to 1998. She began her investment career in 1988. |
| Min Initial Investment: | $2,000 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $100 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $100 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks current income exempt from federal taxes. The fund normally invests at least 80% of assets in medium and higher quality municipal bonds and other debt obligations whose interest is exempt from federal income tax. It may invest up to 20% of assets in bonds that are unrated or considered lower quality. The fund may invest up to 20% of assets in bonds whose interest is subject to the AMT. It invests in municipal securities that have maturities ranging from two to 17 years and maintains a dollar-weighted average portfolio maturity of between three and ten years. The fund may use derivatives. |
| Last Dividend
(27-Aug-08):
| 0.01 | | Last Cap Gain
(22-Dec-05):
| 0.03 | | Annual Holdings Turnover
| 53.00% | | Average for Category:
| 40.32% |
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| Expense | INFBX | Category
Avg | | Total Expense Ratio: | 1.55%
| 0.94% | | Max 12b1 Fee: | 1.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 3.56% | | Max Deferred Sales Load: | 5.00%
| 2.43% | | 3 Yr Expense Projection*: |
$938 | $469 | | 5 Yr Expense Projection*: |
$1,128 | $706 | | 10 Yr Expense Projection*: |
$1,821 | $1,380 |
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