Dupree NC Tax-Free Short-to-Medium  NTSMX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Muni Single State Short 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
   3.59 Yrs
   Avg Credit Quality
   AA
As of 2009-10-31
Day Change
$ -0.02
  
NAV (2009-11-20)
$ 10.69
  
YTD Return % (2009-11-20)
5.44%
  
Total Assets ($ mil)
13
View Data Definitions
  Performance    
Growth of $10,000 Fund: Dupree NC Tax-Free Short-to-Medium
(from 1999-01-01 to 2009-10-31) Category: Muni Single State Short
Index: BarCap Municipal TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1995-11-15 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 5.44 5.71 3.79 2.97 3.91 3.92
+/- Category 0.49 -1.79 0.19 0.13 0.06 ---
+/- BarCap Municipal TR USD -6.70 -5.96 -0.46 -1.39 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 6.43 8.83 4.26 3.15 4.08 4.08
Month-End (as of 2009-10-31) 4.61 6.90 3.52 2.71 3.91 3.92
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 6.90 3.52 2.71 3.91 ---
On Distribution & Sale of Shares --- 5.56 3.45 2.74 3.84 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 11 funds), (5 yrs : out of 11 funds), (10 yrs : out of 7 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, 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 10.14
Advance Refunded ---
State Appropriated Tobacco ---
Non-state Appropriated Tobacco ---
Education 20.68
Health 17.82
Housing ---
Industrial ---
Transportation ---
Utilities 5.52
Water/Sewer ---
Misc. Revenue 45.84
Bond Quality % of Bonds
AAA 23.2
AA 45.4
A 27.3
BBB 0.9
BB 0.0
B 0.0
Below B 0.0
Not Rated 3.1
 
Asset Allocation
% of Net Assets
Cash 6.9
Stocks 0.0
Bonds 93.1
Other 0.0
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-10-31 Data through 2009-10-31
 
Holding Status
Total Number of Stock Holdings Turnover % 10
Total Number of Bond Holdings 49 30 Day SEC Yield % 1.74
% of Assets in Top 10 Holdings 43.75 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
North Carolina Med Care Commn Mtg 5.25% 2016-09-01 1,100 1,178 9.04
Charlotte N C Ctfs Partn Ref Bds 5% 2012-08-01 1,000 1,097 8.42
Haywood Cnty N C Ctfs Partn Cops 5% 2016-10-01 635 686 5.26
North Carolina St Ctfs Partn Cops 5.25% 2018-06-01 500 535 4.10
Iredell Cnty N C Ctfs Partn Cops 5% 2018-06-01 425 465 3.57
Lincolnton N C Entpr Sys Comb Ente 5% 2016-05-01 385 400 3.07
Univ N C Sys Pool Rev Rev Bds 5% 2015-10-01 350 388 2.97
North Carolina Med Care Commn Rev 4.75% 2011-10-01 350 352 2.70
Henderson Cnty N C Ctfs Partn Cops 5.25% 2020-05-01 300 320 2.45
Chapel Hill N C Ctfs Partn Cops 5.25% 2019-06-01 260 282 2.17
Data through 2009-10-31
  Other Information
Fund Inception: 1995-11-15
Portfolio Manager  (Start Date)
Vincent Harrison  (1999-12-31)
Harrison is employed by Dupree & Company, Inc.
Eugene Gard  (2008-12-31)
Mr. Gard became Associate Portfolio Manager in Dupree & Company, Inc. under Mr. Harrison in 2008 after active duty service in the United States Navy from 2001-2007. Managing the Trust’s nine portfolios is Dupree & Company, Inc.’s sole business so there are no conflicts of interest between management of the Trust portfolios and any other accounts.
Sales Charge %
(taken from prospectus dated 2009-11-01)
Front: None
Deferred: None
Expense Ratio % 0.81
based on net assets
(taken from annual report dated 2009-06-30)
Correspondence Information
Dupree Mutual Funds

,   
Telephone:
800-866-0614
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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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.