Muni Single State Interm

Muni single-state intermediate portfolios invest in bonds issued by state and local governments to fund public projects. The income from such bonds is generally free from federal taxes and from state taxes in the issuing state. To get the state-tax benefit, these portfolios buy bonds from only one state. These portfolios have durations of 4.5 to seven years (or, if duration is unavailable, average maturities of five to 12 years). Morningstar®

#21 American Funds Tax Exempt Maryland Fund (TMMDX)

Performance (1-yr.): 4.67% Expenses: 0.67%
Performance (1-mo.): 0.92% Total Assets: $382.64M
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#22 American Funds Tax Exempt Virginia Fund (TFVAX)

Performance (1-yr.): 4.44% Expenses: 0.66%
Performance (1-mo.): 0.94% Total Assets: $528.37M
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#23 Tax Free Trust of Colorado Fund (COTFX)

Performance (1-yr.): 4.31% Expenses: 0.71%
Performance (1-mo.): 1.26% Total Assets: $330.86M
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#24 Nuveen Oregon Intermediate Municipal Bond Fund (FOTAX)

Performance (1-yr.): 3.60% Expenses: 0.84%
Performance (1-mo.): 0.90% Total Assets: $187.68M
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#25 Sterling Capital West Virginia Intermediate Tax-Free Fund (BWVAX)

Performance (1-yr.): 3.82% Expenses: 0.96%
Performance (1-mo.): 0.95% Total Assets: $121.25M
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#26 Columbia Oregon Intermediate Municipal Bond Fund (COEAX)

Performance (1-yr.): 3.75% Expenses: 0.81%
Performance (1-mo.): 0.99% Total Assets: $506.65M
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#27 Churchill Tax Free Fund of Kentucky (CHTFX)

Performance (1-yr.): 4.26% Expenses: 0.76%
Performance (1-mo.): 0.89% Total Assets: $270.46M
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#28 Aquila Narragansett Tax-Free Income Fund (NITFX)

Performance (1-yr.): 4.05% Expenses: 0.83%
Performance (1-mo.): 1.00% Total Assets: $261.2M
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#28 Sterling Capital North Carolina Intermediate Tax-Free Fund (BNCAX)

Performance (1-yr.): 3.54% Expenses: 0.96%
Performance (1-mo.): 1.08% Total Assets: $258.86M
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#30 First Investors Tax Exempt North Carolina Fund (FMTNX)

Performance (1-yr.): 4.77% Expenses: 1.07%
Performance (1-mo.): 1.06% Total Assets: $27.29M
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Top Performing Muni Single State Interm Funds as of 05.03.2013

Hancock Horizon Mississippi Tax-Free Income Fund (HIMAX)

Total Return: 1.75%

Dreyfus Connecticut Fund (PSCTX)

Total Return: 1.40%

Viking Tax-Free Fund For Montana Portfolio (VMTTX)

Total Return: 1.38%

USAA Virginia Bond Fund (USVAX)

Total Return: 5.62%

Hancock Horizon Mississippi Tax-Free Income Fund (HIMAX)

Total Return: 5.58%

Tax Free Trust of Utah Fund (UTAHX)

Total Return: 5.58%

Tax Free Trust of Utah Fund (UTAHX)

Total Return: 6.30%

USAA Virginia Bond Fund (USVAX)

Total Return: 6.24%

First Investors Tax Exempt Michigan Fund (FTMIX)

Total Return: 6.06%

* annualized