Seligman Municipal CA High-Yield A  SCHYX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Muni California Long Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
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   Avg Duration
   6.98 Yrs
   Avg Credit Quality
   A
As of 2009-09-30
Day Change
$ -0.02
  
NAV (2009-11-20)
$ 6.41
  
YTD Return % (2009-11-20)
10.72%
  
Total Assets ($ mil)
35
View Data Definitions
  Performance    
Growth of $10,000 Fund: Seligman Municipal CA High-Yield A
(from 1999-01-01 to 2009-10-31) Category: Muni California Long
Index: BarCap Municipal TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1984-11-20 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 10.72 8.92 3.08 3.65 5.33 7.04
+/- Category -6.01 -4.74 1.49 0.89 0.74 ---
+/- BarCap Municipal TR USD -1.42 -2.75 -1.17 -0.71 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 9.51 7.39 3.01 3.54 4.90 6.98
Month-End (as of 2009-10-31) 6.23 6.82 1.75 2.76 4.82 6.83
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 6.97 1.78 2.73 4.75 ---
On Distribution & Sale of Shares --- 5.97 2.10 2.94 4.74 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 152 funds), (5 yrs : out of 141 funds), (10 yrs : out of 115 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is 4.75%, 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 19.18
Advance Refunded ---
State Appropriated Tobacco ---
Non-state Appropriated Tobacco 3.25
Education 11.77
Health 8.32
Housing 8.82
Industrial ---
Transportation 10.96
Utilities 7.46
Water/Sewer ---
Misc. Revenue 30.24
Bond Quality % of Bonds
AAA 3.8
AA 29.0
A 47.9
BBB 19.2
BB 0.0
B 0.0
Below B 0.0
Not Rated 0.0
 
Asset Allocation
% of Net Assets
Cash 0.0
Stocks 0.0
Bonds 100.0
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 % 4
Total Number of Bond Holdings 36 30 Day SEC Yield % 3.96
% of Assets in Top 10 Holdings 48.50 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
Modesto Calif Irr Dist 5.3% 2022-07-01 2,240 2,241 6.31
California Hsg Fin Agy Rev Rev Bd 5.375% 2036-02-01 2,280 2,098 5.91
California Edl Facs Auth 5% 2031-08-01 2,000 2,019 5.69
Washington Twp Calif Health Ca Rev 5.25% 2029-07-01 2,000 1,993 5.61
Puerto Rico Comwlth Hwy & Tran Hwy 5.5% 2036-07-01 1,500 1,830 5.16
LAKESIDE CALIF UN SCH DIST SAN G O BDS 2033-08-01 1,590 1,644 4.63
California Edl Facs Auth 5% 2025-11-01 1,485 1,515 4.27
Foothill / Eastern Transn Corr Tol 5.75% 2040-01-15 1,500 1,462 4.12
California St G O Bds 5% 2034-08-01 1,250 1,257 3.54
Martinez Calif Go Bds 5% 2034-08-01 1,100 1,156 3.26
Data through 2009-09-30
  Other Information
Fund Inception: 1984-11-20
Portfolio Manager  (Start Date)
Catherine M. Stienstra  (2009-04-06)
Stienstra is a portfolio manager and Leader of the municipal sector team with RiverSource Investments. She joined the company since July 2007. Prior to that, Stienstra worked as Director and Senior Portfolio Manager for FAF Advisors, since 1998 to 2007, and worked with Piper Capital Management since 1990 to 1998. She began her investment career in 1988.
Sales Charge %
(taken from prospectus dated 2009-06-13)
Front: 4.75
Deferred: None
Expense Ratio % 0.92
based on net assets
(taken from annual report dated 2008-09-30)
Correspondence Information
100 Park Avenue
8th Floor
New York,  NY  10017
United States
Telephone:
800-221-7844
212-850-1864
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.