The investment seeks income exempt from both federal and Colorado state personal income taxes. The fund normally invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in investments, the income from which is exempt from both federal and Colorado state income tax. It focuses primarily on investment-grade quality municipal bonds that are rated in one of the three highest investment-grade categories at the time of purchase by one or more nationally recognized rating agency such as Moody's or Standard & Poor's ("Rating Agencies"). The fund is non-diversified.
Fund filings (PDF) »

Asset manager:
Kenneth Harris (Started: Jun 1, 2005)

Advisor Company:
Denver Investments
Fund family reports on Morningstar »

	1 year	3 years	5 years	10 years
Alpha*	-1.16	-0.71	-0.04	-0.60
Beta*	1.05	0.94	0.82	0.85
Mean annual return	0.17	0.37	0.39	0.30
R-squared*	97.84	96.79	96.41	96.92
Standard deviation	3.44	3.72	4.02	3.87
Sharpe ratio	0.57	1.16	1.10	0.49
* Against standard index

Risk measurement details »

Security	Net Assets
Denver Colo City & Cnty Sch Di Go 5.25%	2.25%
Eagle Garfield & Routt Cntys C Go Bds 5%	2.03%
Arapahoe Cnty Colo Sch Dist 5%	2.00%
Platte Riv Pwr Auth 5%	1.64%
Colorado Springs Colo Utils Re Rev Bd 4%	1.58%
Jefferson Cnty Colo Sch Dist 5.25%	1.34%
Castle Rock Colo Sales & Use T Rev Bd 5%	1.33%
Denver Colo City & Cnty Excise Ref 5.25%	1.26%
Garfield Pitkin & Eagle Cntys Go Ref 5%	1.26%
Garfield Pitkin & Eagle Cntys Go Ref 5%	1.25%

Holdings Performance »