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®

#41 First Investors Tax Exempt Connecticut Fund (FICTX)

Performance (1-yr.): 4.67% Expenses: 1.07%
Performance (1-mo.): 0.99% Total Assets: $37.01M
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#41 First Investors Tax Exempt Oregon Fund (FTORX)

Performance (1-yr.): 4.47% Expenses: 1.06%
Performance (1-mo.): 1.25% Total Assets: $55.92M
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#43 Sterling Capital Maryland Intermediate Tax-Free Fund (BMAAX)

Performance (1-yr.): 3.55% Expenses: 0.99%
Performance (1-mo.): 0.92% Total Assets: $49.78M
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#43 Viking Tax-Free Fund For North Dakota Portfolio (VNDFX)

Performance (1-yr.): 3.99% Expenses: 0.99%
Performance (1-mo.): 1.37% Total Assets: $29.44M
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#45 Wells Fargo Advantage Wisconsin Tax Free Fund (WWTFX)

Performance (1-yr.): 3.31% Expenses: 0.70%
Performance (1-mo.): 0.74% Total Assets: $172.76M
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#45 WesMark West Virginia Municipal Bond Fund (WMKMX)

Performance (1-yr.): 3.28% Expenses: 0.97%
Performance (1-mo.): 0.88% Total Assets: $117.36M
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#47 Oklahoma Municipal Fund (OKMUX)

Performance (1-yr.): 4.15% Expenses: 1.09%
Performance (1-mo.): 1.33% Total Assets: $45.84M
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#48 First Investors Tax Exempt Michigan Fund (FTMIX)

Performance (1-yr.): 4.69% Expenses: 1.12%
Performance (1-mo.): 1.24% Total Assets: $23.6M
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#49 AllianceBernstein Municipal Income Fund II Michigan Portfolio (AMIAX)

Performance (1-yr.): 4.07% Expenses: 0.90%
Performance (1-mo.): 1.03% Total Assets: $99.24M
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#50 Jamestown Tax Exempt Virginia Fund (JTEVX)

Performance (1-yr.): 1.97% Expenses: 0.77%
Performance (1-mo.): 0.68% Total Assets: $27.39M
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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