Alpine High Yield Managed Duration Municipal Fund

U.S. News evaluated 41 High Yield Muni Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

Trailing Returns Updated 02.28.2014
Year to date 1.6%
1 Year N/A
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks a high level of current income exempt from federal income tax. Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in municipal obligations that are exempt from federal income tax (including securities subject to the alternative minimum tax ("AMT")). It invests at least 50% of its assets in municipal bonds rated BBB/Baa or lower, at the time of investment, by independent rating agencies or the unrated equivalent as determined by the Adviser. The fund seeks to maintain an effective portfolio duration between 2 and 7 years, however, it can buy securities of any maturity.

Fees

Fees are Above Average compared to funds in the same category.
Alpine High Yield Managed Duration Municipal Fund has an expense ratio of 0.99 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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