Schroder Short-Term Municipal Bond Inv
Schroder Funds 1776 Heritage Drive A.F. 4321 North Quincy, MA 02109
Map
Phone: 800-464-3108
| Category: | Muni National Short | | Fund Family: | Schroder | | Net Assets: | 134.36M | | Year-to-Date Return: | -6.66% | | Yield: | 4.24% | | Morningstar Rating: |  | | Fund Inception Date: | 31-Dec-03 |
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David W. Baldt
Lead Manager since
31-Dec-03 | | | Baldt is a head of U.S. tax exempt fixed income at Schroder. He was employed as an investment fund professional at Schroder since October 2003. Previously he worked as a managing director of Deutsche Asset Management and co-manager of the fund. Baldt holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $250,000 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $100 | | Min Subsequent Investment: | $1,000 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks high level of current income exempt from federal income tax. The fund normally invests at least 80% of net assets in municipal bonds or in investments the income from which is exempt from federal income tax. It may invest more than 25% of assets in one or more sectors of the municipal bond market. The fund invests primarily in municipal bonds that are investment-grade in quality and have effective maturities of no more than three years. |
| Last Dividend
(31-Oct-08):
| 0.03 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 21.00% | | Average for Category:
| 51.82% |
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| Expense | STMIX | Category
Avg | | Total Expense Ratio: | 0.55%
| 0.86% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 2.42% | | Max Deferred Sales Load: | 0.00%
| 1.91% | | 3 Yr Expense Projection*: |
$205 | $396 | | 5 Yr Expense Projection*: |
$367 | $630 | | 10 Yr Expense Projection*: |
$835 | $1,363 |
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2.63% Nasdaq 0.00%
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