The investment seeks high current income exempt from Rhode Island State and regular Federal income taxes consistent with preservation of capital. The fund invests primarily in tax-free municipal obligations that pay interest exempt, in the opinion of bond counsel, from Rhode Island state and regular Federal income taxes. At the time of purchase, its Rhode Island Obligations must be of investment grade quality. These obligations can be of any maturity, but the fund's average portfolio maturity goal has traditionally been between 10 and 12 years. It is non-diversified.
Fund filings (PDF) »
Jeffrey Hanna (Started: Oct 31, 2004)
Salvatore DiSanto (Started: Sep 10, 1992)
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