Morningstar® Investment Profile™ | Disclosure Statement Morningstar - Free Trial   First Investors Tax Exempt OH A  FIOHX   Snapshot Total Returns Rating & Risk Portfolio Nuts & Bolts Analyst Report Quote datadef_ratings First Investors Tax Exempt OH A  FIOHX   Morningstar Report Overall Morningstar Rating™ What is this? As of 2009-10-31 Out of Muni Ohio 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    ---    Avg Credit Quality    --- As of 2009-09-30 Day Change $ 0.01    NAV (2009-11-20) $ 12.46    YTD Return % (2009-11-20) 9.37%    Total Assets ($ mil) 24 View Data Definitions   Performance     Growth of $10,000 Fund: First Investors Tax Exempt OH A (from 1999-01-01 to 2009-10-31) Category: Muni Ohio Index: BarCap Municipal TR USD Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20 Inception date: 1987-01-02 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 9.37 10.08 4.28 3.92 5.10 5.97 +/- Category -2.26 -2.17 1.53 0.74 0.48 --- +/- BarCap Municipal TR USD -2.77 -1.59 0.03 -0.44 --- --- Standardized Annual Returns %   more on standardized returns Quarter-End (as of 2009-09-30) 5.47 9.17 3.30 3.16 4.65 5.84 Month-End (as of 2009-10-31) 2.84 5.99 2.24 2.44 4.48 5.70 After Tax Returns % (as of 2009-09-30 )   On Distribution --- 5.96 2.19 2.41 4.41 --- On Distribution & Sale of Shares --- 5.34 2.47 2.64 4.42 --- Morningstar Rating --- --- --- # of compared funds covered (3 yrs : out of 64 funds), (5 yrs : out of 57 funds), (10 yrs : out of 50 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is 5.75%, 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.   Portfolio Profile     Sector Breakdown % General Obligations 52.70 Advance Refunded --- State Appropriated Tobacco --- Non-state Appropriated Tobacco --- Education 11.50 Health --- Housing --- Industrial --- Transportation --- Utilities --- Water/Sewer 5.62 Misc. Revenue 30.18 Bond Quality % of Bonds AAA --- AA --- A --- BBB --- BB --- B --- Below B --- Not Rated ---   Asset Allocation % of Net Assets Cash 1.0 Stocks 0.0 Bonds 99.0 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 % 46 Total Number of Bond Holdings 27 30 Day SEC Yield % 4.15 % of Assets in Top 10 Holdings 46.51 ending as of 2009-09-30 View Data Definitions Top 10 Holdings Maturity Date Amount $000 Value $000 % of Net Assets Beavercreek Ohio Loc Sch Dist 6.6% 2015-12-01 1,000 1,188 4.93 Adams Cnty Ohio Vy Loc Sch Dis Ult Sc 7% 2015-12-01 1,000 1,161 4.82 Ohio St Infrast I 5.375% 2028-09-01 1,000 1,135 4.71 Wapakoneta Ohio City Sch Dist 5% 2025-12-01 1,000 1,112 4.61 BEAVERCREEK OHIO CITY SCH DIST SCH IMPT 2029-12-01 1,000 1,107 4.59 Dublin Ohio City Sch Dist 5% 2021-12-01 1,000 1,106 4.59 Ohio St Hsg Fin Agy Residentia Re 6.125% 2028-09-01 1,000 1,106 4.59 St Marys Ohio City Sch Dist 5% 2025-12-01 1,000 1,104 4.58 Youngstown St Univ Ohio Gen Rc Gen 5.25% 2029-12-15 1,000 1,096 4.55 Greene Cnty Ohio Gen Infra 5.25% 2030-12-01 1,000 1,095 4.54 Data through 2009-09-30   Other Information Fund Inception: 1987-01-02 Portfolio Manager  (Start Date) Clark D. Wagner  (1991-07-01) Wagner is a member of the Municipal Forum of New York and the Municipal Bond Buyers Conference. He is a contributor to the Handbook of Municipal Bonds. Sales Charge % (taken from prospectus dated 2009-05-26) Front: 5.75 Deferred: None Expense Ratio % 0.76 based on net assets (taken from annual report dated 2008-12-31) Correspondence Information 110 Wall Street New York,  NY  10005 United States Telephone: 800-423-4026 212-858-8000 Data on this page does not include the fund's short positions (if any). Show Data Definitions © Copyright 2009 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc. Past performance is no guarantee of future results. Returns will vary and shares may be worth more or less than their original cost when sold.