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A part of the fund's distribution may very well be categorized like a return of cash. You should confer with the fund's Yearly Report for information.
Consequently, only one issuer could adversely impact a fund's success over In the event the fund invested a more compact proportion of property in securities of that issuer. Seek advice from the applicable prospectus for specifics.
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Income from municipal bonds could be issue to state or nearby income taxes and/or maybe the federal choice minimal tax. Particular other income, as well as cash obtain distributions, might be taxable.
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Figures revealed are previous results and so are not predictive of results in long run periods. Present-day and foreseeable future outcomes may very well be reduced or bigger than Individuals demonstrated. Investing for brief durations helps make losses extra most likely.
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