As of 10-31-2018

Highlights

  • Pursues tax-advantaged monthly income, with a secondary objective of capital appreciation.
  • A diversified portfolio of tax-exempt municipal bonds and dividend-paying stocks that are intended to qualify for tax-advantaged treatment.
  • Low correlation between the fund's equity and muni securities may help to reduce portfolio volatility.

 

Key Investment Team


Facts

Symbol   FMUFX
Fund Number(s)   901
Newspaper Listing   MunStkAdvF
CUSIP   31420C720
Benchmark   40% Russell 1000 Value Index/60% S&P Municipal Bond Index
Performance Inception Date   05-31-2007
Fiscal Year-End   10-31

Morningstar Ratings™

disclosures »
    Funds in Category
Overall 460
3 Year 460
5 Year 368
10 Year 261
Based on risk adjusted total return. The overall rating is derived from a weighted average of the fund’s three-, five-, and ten-year average annual returns, as applicable.

Morningstar Category & Style

disclosures »
Category Allocation--30% to 50% Equity
Style