Industry description
The investment seeks to provide current income that is generally exempt from federal income taxes, and long-term total return, through investments within a sustainability framework.
The fund will invest at least 80% of its net assets in municipal securities that pay interest exempt from federal income tax. It may invest up to 20% of its net assets in non-investment grade municipal securities. The fund may invest in securities that produce income subject to income tax, including the Alternative Minimum Tax.