USAA FL Tax-Free Income
9800 Fredericksburg Road
Map
Phone: 800-531-8722
| Category: | Muni Single State Long | | Fund Family: | USAA | | Net Assets: | 160.81M | | Year-to-Date Return: | -7.46% | | Yield: | 5.30% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Oct-93 |
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John C Bonnell
Lead Manager since
31-Aug-06 | | | Bonnell has 17 years of investment management experience. Prior to joining IMCO, he worked for OppenheimerFunds as a vice president and portfolio manager (May 2004 - July 2006). Bonnell holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $3,000 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks current income exempt from federal income tax and the Florida intangibles tax. The fund typically invests at least 80% of assets in Florida municipal securities. At least 50% of the municipal securities held by the fund are rated A or better; the fund may invest no more than 5% of assets in securities rated below investment grade. The fund may invest no more than 20% of assets in taxable obligations or in securities subject to the Alternative Minimum Tax. |
| Last Dividend
(31-Oct-08):
| 0.04 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 14.00% | | Average for Category:
| 19.93% |
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| Expense | UFLTX | Category
Avg | | Total Expense Ratio: | 0.57%
| 1.14% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.44% | | Max Deferred Sales Load: | 0.00%
| 2.63% | | 3 Yr Expense Projection*: |
$183 | $659 | | 5 Yr Expense Projection*: |
$318 | $945 | | 10 Yr Expense Projection*: |
$714 | $1,754 |
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2.63% Nasdaq 0.00%
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