2016 Utah Taxpayer Information
Utah taxpayers: Determine state tax-exempt status on income
Only income from municipal bonds based in Utah and the states below are state tax-exempt for Utah taxpayers. All other income is taxable to Utah residents, unless the income dividends are derived from:
- Bonds purchased by the fund prior to January 1, 2003
- Federal government obligations, including U.S. territories
- Utah obligations
- Obligations of one of these 10 states: Alaska, District of Columbia, Florida, Indiana*, Nevada, North Dakota, South Dakota, Texas, Washington, or Wyoming
*Bonds purchased by the fund prior to January 1, 2012, only.
|California High-Yield Municipal Fund||95%|
|California Intermediate-Term Tax-Free Bond Fund||99%|
|California Long-Term Tax-Free Fund||98%|
|California Tax-Free Money Market Fund||100%|
|High-Yield Municipal Fund||82%|
|Intermediate-Term Tax-Free Bond Fund||78%|
|Long-Term Tax-Free Fund||83%|
|Tax-Free Money Market Fund||74%|
Money Market Fund: You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1 per share, it cannot guarantee it will do so. The fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.
This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.