Narragansett Insured Tax-Free Inc A 380 Madison Ave Ste 2300 New York NY 10017 Map
Phone: 800-437-1020
| Category: | Muni Single State Interm | | Fund Family: | Aquila | | Net Assets: | 107.26M | | Year-to-Date Return: | 1.20% | | Yield: | 3.74% | | Morningstar Rating: |  | | Fund Inception Date: | 10-Sep-92 |
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Salvatore DiSanto
Lead Manager since
10-Sep-92 | | | DiSanto is a senior vice president and head of the investment division of Citizens Bank. He joined the company in 1954, became a vice president in 1966, and assumed his current positions in 1986. DiSanto is a member of the Providence Society of Financial Analysts. He has been employed by the Sub-Adviser for 48 years and has been involved in portfolio management for the last 41 years. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $50 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks a high level of preservation for investors' capital and consistency in the payment of current income which is exempt from both State of Rhode Island personal income taxes and regular Federal income taxes. The fund invests primarily in Rhode Island Obligations which are insured by nationally recognized insurers of municipal obligations as to the timely payment of principal and interest when due. It invests in tax-free municipal obligations which pay interest exempt from Rhode Island state and regular Federal income taxes. The fund invests at least 80% of assets in these. It is nondiversified. |
| Last Dividend
(31-Jul-08):
| 0.03 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 2.00% | | Average for Category:
| 23.99% |
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| Expense | NITFX | Category Avg | | Total Expense Ratio: | 0.68%
| 1.04% | | Max 12b1 Fee: | 0.15%
| N/A | | Max Front End Sales Load: | 4.00%
| 3.99% | | Max Deferred Sales Load: | 0.00%
| 2.61% | | 3 Yr Expense Projection*: |
$698 | $550 | | 5 Yr Expense Projection*: |
$929 | $794 | | 10 Yr Expense Projection*: |
$1,593 | $1,489 |
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