Portfolio Characteristics & Allocation¹ as of 9/30/2017

Characteristics

  Short Municipal Bond S&P Investortools Short Municipal Bond Index
Weighted Average Maturity (Years) 2.06 NA
Effective Duration (Years) 1.92 NA
Weighted Average Credit Quality AA/ NA
Yield to Maturity 1.17% NA
Yield to Worst 112.70% NA

Maturity Profile

  Short Municipal Bond S&P Investortools Short Municipal Bond Index
0-1 year 22.6%
1-2 years 36.1%
2-3 years 20.6%
3-4 years 11.5%
4-5 years 7.6%
5-6 years 1.7%
6-7 years 0.0%
7-8 years 0.0%
8-9 years 0.0%
9-10 years 0.0%
10-20 years 0.0%