Ocean State Tax-Exempt
One Regency Plz Ste One Providence RI 02903
Map
Phone: 800-992-2207
| Category: | Muni Single State Interm | | Fund Family: | Ocean State | | Net Assets: | 20.81M | | Year-to-Date Return: | 0.98% | | Yield: | 2.39% | | Morningstar Rating: |  | | Fund Inception Date: | 08-Dec-86 |
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Samuel H. Hallowell Jr.
Lead Manager since
15-Apr-92 | | | Hallowell is a vice president of Van Liew Capital Inc., his employer since 1986. Previously, he was a vice president and senior portfolio manager with Rhode Island Hospital Trust National Bank from 1981 to 1984. Before that, he spent eight years as an investment officer with Baybank Harvard Trust Company. Hallowell is a member of the Providence Society of Security Analysts. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $250 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks current income, consistent with preservation of capital. The fund normally invests at least 80% of assets in investment-grade Rhode Island obligations exempt from federal and Rhode Island income taxes. It may invest the balance in taxable short-term obligations, including U.S. government obligations, commercial paper rated A-2 or above, and bank obligations. The fund is nondiversified. |
| Last Dividend
(29-Aug-08):
| 0.01 | | Last Cap Gain
(27-Dec-04):
| 0.01 | | Annual Holdings Turnover
| 6.00% | | Average for Category:
| 23.52% |
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| Expense | OCTEX | Category
Avg | | Total Expense Ratio: | 1.66%
| 1.03% | | Max 12b1 Fee: | 0.08%
| N/A | | Max Front End Sales Load: | 4.00%
| 3.99% | | Max Deferred Sales Load: | 0.00%
| 2.61% | | 3 Yr Expense Projection*: |
$902 | $550 | | 5 Yr Expense Projection*: |
$1,266 | $794 | | 10 Yr Expense Projection*: |
$2,287 | $1,489 |
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1.49% Nasdaq 
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