Tax-Free Money Market

as of 04/24/14
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Daily Price (04/24/14) $1.00 Daily Change: $+0.00 (+0.00%)  
Investment Objective: Capital Preservation Ticker Symbol: BNTXX
Fund Type: Tax-Free Money Markets Fund Code: 941
Share Class: Investor Inception Date: 07/31/84
Total Assets: $172,918,344.82 Newspaper Symbol: AmC TF  

Data reflects past performance for Investor Class shares, assumes reinvestment of dividends and capital gains and is no guarantee of future results. Current performance may be higher or lower than data shown. Investment return and principal value fluctuates. Redemption value may be more or less than original cost. Obtain performance data current to the most recent month end. For additional share class information, consult the prospectus.

  7-Day Current YieldQ1
as of
Total Return Average Annual Total Return as of 03/31/2014
as of
1 yr
as of
3 yr 5 yr 10 yr 20 yr Life
  .01% +0.00% +0.04% +0.02% +0.09% +1.19% +1.91% +2.70% 0.50% 07/31/84
Lipper Quartiles & Rankings:L1  --Quartile Ranking
Quartile Ranking
Quartile Ranking
Quartile Ranking
Ranking for Tax-Exempt Money Market Funds as of 03/31/2014, based on total returns.

An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.

The 7-day yield more closely reflects the current earnings of the fund than the total return.

Expense Ratio

The fund's current expense ratio is 0.50%

Investment Strategy:
  • High–quality short–term municipal securities with interest payments exempt from federal income tax.
For Investors Who:
  • Want capital preservation and liquidity
  • Seek federal tax–free income. A2
Risk Factors:

Fund shares are not guaranteed by the U.S. government. Because the fund invests primarily in municipal securities, it will be sensitive to events that affect municipal markets.

Fund Management

Le Tran
Le Tran
Portfolio Manager


  • Stable $1 share price
  • High current income exempt from federal income taxA2

A2Investment income may be subject to other state and local taxes and, depending on your tax status, the federal alternative minimum tax. Capital gains are not exempt from federal income tax.


(*) The annual expense ratio is based on expenses incurred by the fund, as stated in the most recent prospectus.

Returns or yields for the fund would have been lower if a portion of the management fee had not been waived. Review the annual or semi-annual report for the most current information.

Q1The 7-day Current Yield is calculated based on the income generated by an investment in the fund over a seven-day period and is expressed as an annual percentage rate.

L1Lipper rankings are based on average annual total returns. Portions of the mutual fund performance information contained on this page were supplied by Lipper, a Reuters Company, subject to the following: Copyright © Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Performance data is preliminary and subject to revision. Rankings are based on all classes available within the classification as of the date shown. Rankings are based only on the universe shown.

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