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Municipal Income Fund - A (OTBAX)

Municipal Income Fund - A (OTBAX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Ex-date Reinvest NAV Dividend paid
10/28/2015 $10.05 0.025000000
9/28/2015 $10.01 0.021000000
8/27/2015 $9.97 0.024000000
7/29/2015 $9.97 0.024000000
6/26/2015 $9.93 0.023000000
5/27/2015 $9.97 0.021000000
4/28/2015 $10.07 0.021000000
3/27/2015 $10.10 0.021000000
2/25/2015 $10.10 0.020000000
1/29/2015 $10.21 0.023000000
12/30/2014 $10.07 0.023000000
11/28/2014 $10.11 0.021000000
Capital gains
Ex-date Reinvest NAV Short term Long term
12/12/2014 $10.10 0.000000000 0.045390000
12/12/2013 $9.83 0.000000000 0.144650000
Dividends Monthly
Capital gains Annually

The Fund's fixed income securities are subject to interest rate risk. If rates increase, the value of the Fund's investments generally declines.

Under normal circumstances, the Fund invests at least 80% of its net assets in municipal bonds, the income from which is exempt from federal income tax. This is a fundamental policy. For the purposes of this policy, the Fund's net assets include borrowings by the Fund for investment purposes. The Fund also invests in mortgage-backed securities and asset-backed securities, as well as auction rate securities and restricted securities. The securities in which the Fund invests may have fixed rates of return or floating or variable rates.

For some investors, income may be subject to the Alternative Minimum Tax. Capital gains, if any, are federally taxable. Income may be subject to state and local taxes.

The Fund may invest in futures contracts and derivatives. Many derivatives create leverage that can cause the Fund to be more volatile than it would be if it had not used derivatives.

Total return assumes reinvestment of income.