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Company Details

Maryland Tax-Free Bond Fd

MDXBX - NASDAQ

Identifiants & Marche

Ticker MDXBX
ISIN N/A
CIK 0000795384
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 investment seeks to provide, consistent with prudent portfolio management, the highest level of income exempt from federal and Maryland state and local income taxes by investing primarily in investment-grade Maryland municipal bonds. The fund will invest so that, under normal market conditions, at least 80% of its net assets (including any borrowings for investment purposes) are invested in bonds that pay interest exempt from federal and Maryland state and local income taxes, and at least 80% of the fund's income is expected to be exempt from federal and Maryland state and local income taxes. It is non-diversified.
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