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Company Details

Virginia Tax Free Bond Fund

PRVAX - NASDAQ

Identifiants & Marche

Ticker PRVAX
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 Virginia state income taxes by investing primarily in investment-grade Virginia 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 Virginia state income taxes, and at least 80% of the fund's income is expected to be exempt from federal and Virginia state income taxes. It is non-diversified.
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