Montana Tax-Free A
1 Main Street North Minot ND 58703
Map
Phone: 800-276-1262
| Category: | Muni Single State Short | | Fund Family: | Integrity | | Net Assets: | 14.65M | | Year-to-Date Return: | -2.27% | | Yield: | 4.20% | | Morningstar Rating: |  | | Fund Inception Date: | 07-Jan-00 |
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Monte L. Avery
Lead Manager since
30-Dec-95 | | | Avery started in the securities business with PaineWebber in 1981 as a retail broker, transferring to Dean Witter in 1982. In 1988, he joined Bremer Bank, N.A. to help start their Invest Center. Avery transferred back to Dean Witter in 1993 until joining ND Holdings in 1995. Since that time, he was a co-manager of the funds and effective in February 2000, the manager. From January 1996 until September 2001 and September 2002 to present, Avery has been the portfolio manager for the Integrity Fund of Funds. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $50 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $250 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks current income exempt from federal and Montana income taxes, consistent with preservation of capital. The fund normally invests at least 65% of assets in Montana municipal obligations. It ordinarily invests at least 80% of assets in securities that pay interest that is not subject to the Alternative Minimum Tax. The fund limits investments to the following types of securities: investment-grade municipal securities; high-quality, short-term, taxable fixed-income securities; options and futures; and cash. The fund is nondiversified. |
| Last Dividend
(30-Sep-08):
| 0.03 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 9.00% | | Average for Category:
| 23.00% |
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| Expense | MTTAX | Category
Avg | | Total Expense Ratio: | 1.07%
| 1.07% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 4.25%
| 4.45% | | Max Deferred Sales Load: | 0.00%
| 3.20% | | 3 Yr Expense Projection*: |
$911 | $600 | | 5 Yr Expense Projection*: |
$1,276 | $904 | | 10 Yr Expense Projection*: |
$2,363 | $1,791 |
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