As of 10-31-2018


  • 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


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™

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    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

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Category Allocation--30% to 50% Equity