Of the eligible Franklin Templeton non-money market tax-free fixed income funds
tracked by Lipper, 19, 28, 27 and 25 funds ranked in the top quartile and 14, 5, 6 and 8 funds ranked in the second quartile, for the one-, three-, five- and 10-year periods, respectively, for their respective Lipper peer groups.
California Municipal Income Fund
also seeks to provide current income exempt from California state income taxes.
The Boards of Trustees of PIMCO Corporate Income Fund
(NYSE: PCN), PIMCO Municipal Income Fund
(NYSE: PMF), PIMCO California Municipal Income Fund
(NYSE: PCQ) and PIMCO New York Municipal Income Fund
(NYSE: PNF) (collectively, the "Funds") announced today that they have declared the following dividends on the Funds' common shares:
The California and New York Municipal Income Funds
also seek to provide current income exempt from California state and New York state and city income taxes, respectively.
The fifth fund, Fidelity Freedom Income Fund, is intended for retired persons seeking low risk with some growth.
The Freedom Funds currently invest in up to 17 Fidelity mutual funds including Fidelity Growth Company Fund, Fidelity Growth & Income Fund, and Fidelity Investment Grade Bond Fund.
Quest for Value Opportunity Fund, Quest for Value Small Capitalization Fund, Quest For Value Growth and Income Fund and Quest for Value Officers Fund -- will continue to be managed by Quest for Value Advisors under subadvisory agreements with OMC.
Government Income Fund and Quest for Value Global Income Fund will be merged into Oppenheimer Bond Fund, Oppenheimer U.
NEW YORK--(BUSINESS WIRE)--April 12, 1995--The Blanchard Growth & Income Fund may be one of the best kept secrets in the mutual fund industry.
Specifically, between December 31, 1987 and December 31, 1994, the portfolio of the Blanchard Growth & Income Fund outperformed the S&P 500 in all but one year, a feat achieved by only 13 stock mutual funds out of the Morningstar universe of 824 domestic and international equity funds.
The Blanchard Growth & Income Fund focuses on large-cap, "blue chip" stocks, and takes a "contrarian" approach to the market, using a proprietary computer model developed by a team of equities specialists at Chase Manhattan Bank, N.
Griffiths serves as portfolio manager on AIM Global Growth & Income Fund