The investment seeks a high level of federally tax-free income over the long term consistent with preservation of capital. The fund will normally invest at least 95% of its assets in investment grade municipal securities (or unrated municipal securities that the Adviser determines are of comparable quality) that provide income that is exempt from federal income tax and the alternative minimum tax. The Adviser primarily invests in Ohio municipal securities. The Adviser typically selects securities with maturities between three and fifteen years, based on the available yield at various maturity levels. The fund is non-diversified.
Fund filings (PDF) »

Asset managers:
Michael Leisring (Started: Jul 31, 2003)
Dale Coates (Started: May 16, 1994)
Jason Jackman (Started: May 16, 1994)

Advisor Company:
Johnson Investment Counsel, Inc.
Fund family reports on Morningstar »

	1 year	3 years	5 years	10 years
Alpha*	0.04	-0.13	0.49	-0.27
Beta*	0.59	0.71	0.67	0.66
Mean annual return	0.26	0.35	0.39	0.30
R-squared*	95.39	92.09	83.34	86.35
Standard deviation	1.73	2.78	3.49	3.20
Sharpe ratio	1.74	1.48	1.25	0.59
* Against standard index

Risk measurement details »

Security	Net Assets
Miami Univ Ohio Gen Rcpts Rev Ref B 4%	2.41%
Hamilton Cnty Ohio Health Care Rev 5.25%	2.24%
Ohio State Go Ref Bd 4.25%	2.08%
Mason Ohio Ctfs Partn Cops 5%	1.81%
Ohio St Univ Gen Rcpts Gen Recei 4%	1.65%
Hamilton Cnty Ohio Hosp Facs R Rev 5.25%	1.58%
Florida St Brd Governors Fla S Stud F 4%	1.41%
Ohio St Major New St Infrastru Rev 5.5%	1.40%
Ohio State Infrastr 5%	1.30%
Pennsylvania St Higher Edl Fac Rev 5.25%	1.22%

Holdings Performance »