CFMOX Commerce MO Tax-Free Int Bd Forecast, Technical & Fundamental Analysis

The investment seeks current income exempt from federal and, to the extent possible, from Missouri income taxes, as is consistent with the preservation of capital. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes, in Missouri municipal bonds, the income from which, in the opinion of bond counsel, is exempt from regular federal income taxes, federal alternative minimum taxes and Missouri taxes. It may invest up to 10% of its total assets in such unrated securities.