Loading…
Loading…
See exactly how PHMIX's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for PHMIX and 80,000+ other tickers.
The fund primarily focuses on investing at least 80% of its capital in municipal bonds. These fixed-income instruments are selected because their interest income is, as determined by the issuer's bond counsel at the time of issue, exempt from federal income tax. The fund has no restrictions on the amount it can allocate to higher-rated municipal debt. Additionally, it may dedicate up to 30% of its assets to "private activity" bonds, the interest from which is considered a tax preference item for federal Alternative Minimum Tax (AMT) calculations.
No recent news available.