|
Overall Morningstar
Rating™ |
| What is this? |
 |
 |
| As of 2009-10-31 |
|
Out of
Muni Single State Interm Funds |
|
| Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance. |
|
|
|
Morningstar®
Style Box™ |
| What is this? |
|
 |
|
Avg Duration |
|
|
5.78 Yrs
|
|
|
|
Avg Credit Quality |
|
|
AA |
|
| As of
2009-09-30 |
|
|
| Day Change |
| $ 0.01 |
|
|
| NAV (2009-11-20) |
| $ 11.94 |
|
|
| YTD Return % (2009-11-20) |
| 7.49% |
|
|
| Total Assets ($ mil) |
| 94 |
|
| Growth of $10,000 |
 |
Fund: |
BB&T VA Intermediate Tax-Free A |
| (from
1999-05-17
to 2009-10-31) |
 |
Category: |
Muni Single State Interm |
|
 |
Index: |
BarCap Municipal TR USD |
| Total Annualized Returns % |
1yr, 3yr and 5yr Returns as of 2009-11-20 |
| Inception date: 1999-05-17 |
10yr and Inception Returns as of 2009-10-31 |
|
YTD Returns as of 2009-11-20 |
|
|
YTD |
1 Year |
3 Year |
5 Year |
10 Year |
Since Inception |
| Fund |
7.49 |
9.27 |
5.33 |
4.26 |
4.82 |
4.45 |
| +/- Category |
-2.69 |
-1.96 |
2.09 |
1.21 |
0.35 |
--- |
| +/- BarCap Municipal TR USD |
-4.65 |
-2.40 |
1.08 |
-0.10 |
--- |
--- |
|
|
| Standardized Annual Returns % more on standardized returns |
| Quarter-End (as of
2009-09-30) |
4.98 |
9.67 |
4.76 |
3.78 |
4.62 |
4.38 |
| Month-End (as of 2009-10-31) |
2.89 |
6.91 |
3.87 |
3.25 |
4.50 |
4.14 |
|
|
| After Tax Returns % (as of
2009-09-30
)
|
| On Distribution |
--- |
6.71 |
3.77 |
3.17 |
4.44 |
--- |
| On Distribution & Sale of Shares |
--- |
5.69 |
3.74 |
3.23 |
4.36 |
--- |
|
|
| Morningstar Rating |
--- |
--- |
 |
|
 |
--- |
|
| # of compared funds covered (3 yrs : out of 247 funds), (5 yrs : out of 237 funds), (10 yrs : out of 194 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is
3.00%,
the maximum deferred sales fee is
none,
and the maximum redemption sales fee is
none. |
|
| The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein. |
|
|
|
|
| Sector Breakdown % |
|
| General Obligations |
51.63 |
| Advance Refunded |
3.81 |
| State Appropriated Tobacco |
---
|
| Non-state Appropriated Tobacco |
5.70 |
| Education |
9.14 |
| Health |
5.47 |
| Housing |
---
|
| Industrial |
0.78 |
| Transportation |
---
|
| Utilities |
---
|
| Water/Sewer |
9.66 |
| Misc. Revenue |
13.81 |
|
| Bond Quality |
% of Bonds |
| AAA |
34.4 |
| AA |
38.2 |
| A |
22.2 |
| BBB |
5.2 |
| BB |
0.0 |
| B |
0.0 |
| Below B |
0.0 |
| Not Rated |
0.0 |
|
|
|
|
|
| |
|
|
| Asset Allocation |
|
 |
|
| % of Net Assets |
 |
Cash |
6.2 |
 |
Stocks |
0.0 |
|
Bonds |
93.8 |
 |
Other |
0.0 |
|
|
|
Foreign Stocks |
0.0 |
|
(as a % of Assets) |
|
|
| Data through 2009-09-30 |
Data through 2009-09-30 |
 |
| Holding Status |
|
| Total Number of Stock Holdings |
|
|
Turnover % |
53 |
| Total Number of Bond Holdings |
61 |
|
30 Day SEC Yield % |
3.21 |
| % of Assets in Top 10 Holdings |
27.56 |
|
ending as of
2009-09-30 |
|
|
|
|
View Data Definitions |
| Top 10 Holdings |
Maturity
Date |
Amount
$000 |
Value
$000 |
% of Net
Assets |
|
|
|
|
|
|
|
Spotsylvania Cnty Va Ref G.O. 5.5% |
2012-07-15 |
2,925 |
3,290 |
3.62 |
|
Suffolk Va Go Ref Bd 5% |
2017-02-01 |
2,425 |
2,853 |
3.14 |
|
Chesterfield Cnty Va Go Pub Im 5% |
2014-01-01 |
2,325 |
2,664 |
2.93 |
|
New Riv Vy Regl Jail Auth 4% |
2011-04-01 |
2,500 |
2,523 |
2.78 |
|
Tobacco Settlement Fing Corp V Tob 5.5% |
2026-06-01 |
2,175 |
2,453 |
2.70 |
|
 |
|
Virginia St Pub Bldg Auth 5% |
2011-08-01 |
2,240 |
2,414 |
2.66 |
|
Virginia Beach Va Go Pub Im 5% |
2022-06-01 |
2,000 |
2,347 |
2.58 |
|
Virginia College Bldg Auth 5.25% |
2013-02-01 |
2,000 |
2,259 |
2.48 |
|
Chesapeake Va Econ Dev Aut Economic 3.6% |
2032-02-01 |
2,100 |
2,156 |
2.37 |
|
York Cnty Va Econ Dev Auth 4.05% |
2033-05-01 |
2,000 |
2,092 |
2.30 |
|
|
 |
Data through 2009-09-30 |
|
|
| Fund Inception: 1999-05-17 |
|
Portfolio Manager (Start Date) |
|
|
|
|
|
Robert F. Millikan (2000-02-29) |
|
|
|
Millikan is a senior vice president and director of fixed income management with the Adviser. He has been with the Adviser and its predecessors since February 2000. From July 1990 to February 2000, he was an investment officer with First Citizens Bank.
Millikan holds the Chartered Financial Analyst designation. |
|
|
|
|
Sales Charge %
(taken from prospectus dated 2009-02-01) |
| Front: |
3.00 |
| Deferred: |
None |
|
| Expense Ratio % |
0.89 |
based on net assets
(taken from annual report dated 2008-09-30)
|
|
| Correspondence Information |
434 Fayetteville Street Mall
Raleigh,
NC
27601
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