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Company Details

Commerce Funds, Kansas Tax Free Intermediate Bond Fd Inst Shs

KTXIX - NASDAQ

Identifiants & Marche

Ticker KTXIX
ISIN N/A
CIK 0000926243
Bourse NASDAQ
Devise USD

Classification

Secteur Financial Services
Industrie Asset Management - Bonds

Entreprise

Pays US
Siege N/A
Fondee N/A
Site Web N/A

Description

The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in Kansas municipal bonds, the income from which, in the opinion of bond counsel, is exempt from regular federal income taxes, federal alternative minimum taxes and Kansas taxes. It may invest up to 10% of its total assets in such unrated securities. The fund is non-diversified.
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