The investment seeks to provide the highest possible level of current income which is exempt from federal and California personal income taxes, while still preserving capital and maintaining liquidity. The fund invests primarily in municipal obligations, the interest on which is excluded from gross income for federal income tax purposes, exempt from California personal income taxes and is not subject to the federal alternative minimum tax on individuals. It normally invests at least 80% of the value of its Assets in such municipal obligations. The fund may invest significantly in securities with floating or variable rates of interest.
Fund filings (PDF) »
Management Team (Started: Jul 1, 2006)
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JPMorgan, 270 Park Avenue, 42nd Floor, New York, NY 10017-2070, USA
1 646 534 2254 (Fax)