Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 11/29/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
3.7%
1 yr return
6.5%
3 Yr Avg Return
0.2%
5 Yr Avg Return
1.5%
Net Assets
$411 M
Holdings in Top 10
17.0%
Expense Ratio 0.47%
Front Load N/A
Deferred Load N/A
Turnover 16.00%
Redemption Fee N/A
Standard (Taxable)
$500,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 11/29/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The fund invests so that, under normal market conditions, at least 80% of its net assets (including any borrowings for investment purposes) are invested in bonds that pay interest exempt from federal and Georgia state income taxes, and at least 80% of the fund’s income is expected to be exempt from federal and Georgia state income taxes. While the fund may buy securities of any maturity, the fund generally seeks longer-term securities. Most investments are in investment-grade securities, which are securities rated in one of the four highest credit rating categories by at least one major credit rating agency or, if unrated, deemed by the adviser to be of comparable quality. However, the fund may invest up to 10% of its total assets in below investment-grade securities, known as “junk” bonds, including those with the lowest credit rating. In addition, up to 20% of the fund’s income could be derived from securities subject to the alternative minimum tax.
In addition to investing in state and local general obligation bonds, the fund may invest a significant portion of its assets in sectors with special risks, such as health care, transportation, and utilities, as well as private activity bonds (including industrial revenue bonds), which are municipal bonds issued by a government agency on behalf of a private sector company and, in most cases, are not backed by the credit of the issuing municipality. It is possible that 25% or more of the fund’s assets could be invested in municipal securities that would tend to respond
similarly to particular economic or political developments. For example, the fund may invest in securities of issuers whose revenues are generated from similar types of projects or operate in similar industries. The fund may at times invest more than 25% of its net assets overall in industrial revenue bonds, but investments in industrial revenue bonds related to the same industry may not exceed 25% of the fund’s net assets. Bonds that are refunded with escrowed U.S. government securities are not subject to the 25% limitation. Refunded bonds may have originally been issued as general obligation or revenue bonds, but become “refunded” when they are secured by an escrow fund, usually consisting entirely of direct U.S. government obligations, U.S. government agency obligations, and/or cash.
Due to seasonal variations in the supply of suitable Georgia municipal securities, the fund may invest in other municipal securities whose interest is exempt from federal but not Georgia income taxes. While efforts will be made to minimize such investments, they could comprise up to 10% of the fund’s annual income.
The fund is “nondiversified,” meaning it may invest a greater portion of its assets in fewer issuers than is permissible for a “diversified” fund.
Period | TBGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.7% | -4.9% | 34.7% | 25.05% |
1 Yr | 6.5% | -1.6% | 40.8% | 14.30% |
3 Yr | 0.2%* | -10.3% | 5.2% | 25.20% |
5 Yr | 1.5%* | -6.5% | 1104.6% | 16.27% |
10 Yr | N/A* | -0.9% | 248.9% | 33.21% |
* Annualized
Period | TBGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.6% | -1.4% | 41.0% | 5.25% |
2022 | -12.9% | -39.7% | 0.3% | 68.12% |
2021 | 0.4% | -5.6% | 6.9% | 17.80% |
2020 | 2.3% | -2.6% | 310.0% | 22.34% |
2019 | 4.1% | 0.0% | 26.0% | 38.52% |
Period | TBGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.7% | -4.9% | 34.7% | 25.05% |
1 Yr | 6.5% | -1.6% | 40.8% | 14.30% |
3 Yr | 0.2%* | -10.3% | 5.2% | 25.20% |
5 Yr | 1.5%* | -6.5% | 1104.6% | 16.27% |
10 Yr | N/A* | -0.9% | 248.9% | 32.29% |
* Annualized
Period | TBGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.0% | -1.3% | 41.0% | 5.59% |
2022 | -10.4% | -39.7% | 1.1% | 65.32% |
2021 | 2.7% | -4.8% | 23761504.0% | 21.58% |
2020 | 4.0% | -1.5% | 17057.9% | 41.67% |
2019 | 7.0% | 0.2% | 3514.6% | 36.79% |
TBGAX | Category Low | Category High | TBGAX % Rank | |
---|---|---|---|---|
Net Assets | 411 M | 3.22 M | 71.9 B | 53.29% |
Number of Holdings | 216 | 4 | 13418 | 54.00% |
Net Assets in Top 10 | 74.3 M | -317 M | 3.09 B | 54.26% |
Weighting of Top 10 | 17.03% | 1.8% | 100.3% | 53.16% |
Weighting | Return Low | Return High | TBGAX % Rank | |
---|---|---|---|---|
Bonds | 99.31% | 0.00% | 150.86% | 40.00% |
Cash | 0.69% | -50.86% | 44.62% | 61.52% |
Stocks | 0.00% | 0.00% | 99.78% | 46.58% |
Preferred Stocks | 0.00% | 0.00% | 0.07% | 38.62% |
Other | 0.00% | -3.69% | 53.54% | 44.66% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 38.30% |
Weighting | Return Low | Return High | TBGAX % Rank | |
---|---|---|---|---|
Municipal | 99.34% | 44.39% | 100.00% | 32.77% |
Derivative | 0.00% | -3.69% | 53.54% | 43.18% |
Cash & Equivalents | 0.00% | 0.00% | 44.41% | 73.40% |
Securitized | 0.00% | 0.00% | 5.93% | 39.72% |
Corporate | 0.00% | 0.00% | 9.41% | 49.16% |
Government | 0.00% | 0.00% | 52.02% | 42.75% |
Weighting | Return Low | Return High | TBGAX % Rank | |
---|---|---|---|---|
US | 99.31% | 0.00% | 142.23% | 38.08% |
Non US | 0.00% | 0.00% | 23.89% | 42.91% |
TBGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.47% | 0.01% | 8.02% | 85.35% |
Management Fee | 0.39% | 0.00% | 1.20% | 35.77% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
TBGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
TBGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
TBGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 16.00% | 0.00% | 283.00% | 44.29% |
TBGAX | Category Low | Category High | TBGAX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.43% | 0.00% | 14.51% | 19.66% |
TBGAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
TBGAX | Category Low | Category High | TBGAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.22% | -0.53% | 5.33% | 34.53% |
TBGAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Oct 30, 2024 | $0.032 | OrdinaryDividend |
Sep 27, 2024 | $0.028 | OrdinaryDividend |
Aug 29, 2024 | $0.033 | OrdinaryDividend |
Jul 30, 2024 | $0.031 | OrdinaryDividend |
Apr 29, 2024 | $0.030 | OrdinaryDividend |
Mar 27, 2024 | $0.032 | OrdinaryDividend |
Feb 28, 2024 | $0.029 | OrdinaryDividend |
Jan 30, 2024 | $0.030 | OrdinaryDividend |
Dec 28, 2023 | $0.032 | OrdinaryDividend |
Nov 29, 2023 | $0.030 | OrdinaryDividend |
Oct 30, 2023 | $0.030 | OrdinaryDividend |
Sep 28, 2023 | $0.030 | OrdinaryDividend |
Aug 30, 2023 | $0.029 | OrdinaryDividend |
Jul 28, 2023 | $0.027 | OrdinaryDividend |
Jun 29, 2023 | $0.030 | OrdinaryDividend |
May 30, 2023 | $0.029 | OrdinaryDividend |
Apr 27, 2023 | $0.026 | OrdinaryDividend |
Mar 30, 2023 | $0.031 | OrdinaryDividend |
Feb 27, 2023 | $0.024 | OrdinaryDividend |
Jan 30, 2023 | $0.027 | OrdinaryDividend |
Dec 29, 2022 | $0.030 | OrdinaryDividend |
Dec 05, 2022 | $0.005 | CapitalGainShortTerm |
Nov 29, 2022 | $0.027 | OrdinaryDividend |
Oct 28, 2022 | $0.026 | OrdinaryDividend |
Sep 29, 2022 | $0.027 | OrdinaryDividend |
Aug 30, 2022 | $0.026 | OrdinaryDividend |
Jul 28, 2022 | $0.025 | OrdinaryDividend |
Jun 29, 2022 | $0.024 | OrdinaryDividend |
May 27, 2022 | $0.024 | OrdinaryDividend |
Apr 28, 2022 | $0.024 | OrdinaryDividend |
Mar 30, 2022 | $0.023 | OrdinaryDividend |
Feb 25, 2022 | $0.020 | OrdinaryDividend |
Jan 28, 2022 | $0.021 | OrdinaryDividend |
Dec 30, 2021 | $0.024 | OrdinaryDividend |
Dec 08, 2021 | $0.001 | CapitalGainShortTerm |
Nov 29, 2021 | $0.022 | OrdinaryDividend |
Oct 28, 2021 | $0.023 | OrdinaryDividend |
Sep 29, 2021 | $0.022 | OrdinaryDividend |
Aug 30, 2021 | $0.022 | OrdinaryDividend |
Jul 29, 2021 | $0.023 | OrdinaryDividend |
Jun 29, 2021 | $0.022 | OrdinaryDividend |
May 27, 2021 | $0.021 | OrdinaryDividend |
Apr 29, 2021 | $0.024 | OrdinaryDividend |
Mar 30, 2021 | $0.023 | OrdinaryDividend |
Feb 25, 2021 | $0.020 | OrdinaryDividend |
Jan 28, 2021 | $0.021 | OrdinaryDividend |
Dec 30, 2020 | $0.026 | OrdinaryDividend |
Nov 27, 2020 | $0.023 | OrdinaryDividend |
Oct 29, 2020 | $0.025 | OrdinaryDividend |
Sep 29, 2020 | $0.023 | OrdinaryDividend |
Jul 30, 2020 | $0.026 | OrdinaryDividend |
Jun 29, 2020 | $0.024 | OrdinaryDividend |
May 28, 2020 | $0.025 | OrdinaryDividend |
Feb 27, 2020 | $0.023 | OrdinaryDividend |
Dec 30, 2019 | $0.026 | OrdinaryDividend |
Dec 09, 2019 | $0.001 | CapitalGainShortTerm |
Nov 27, 2019 | $0.026 | OrdinaryDividend |
Oct 30, 2019 | $0.026 | OrdinaryDividend |
Sep 27, 2019 | $0.024 | OrdinaryDividend |
Aug 29, 2019 | $0.028 | OrdinaryDividend |
Jul 30, 2019 | $0.026 | OrdinaryDividend |
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