Mutual Fund Insights: First Investors Tax Exempt OR A Fund (FTORX)

In-depth Analysis of First Investors Tax Exempt OR A Fund (FTORX)

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See First Investors Tax Exempt OR A Fund (FTORX) performance details as of February 28, 2010

  

Last Trade: $13.40 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Clark D. Wagner

Fund Manager Tenure: 17.9 years
Fundmojo Fund Grade: C (Score: 0.57)     (What does this score mean?)

Clark D. Wagner is the director of Fixed Income and has served as the Portfolio Manager of the Government Fund since 1995. Clark D. Wagner also serves as Portfolio Manager and Co-Portfolio Manager for certain other First Investors Funds and has been a Portfolio Manager with FIMCO since 1991. Previously, Wagner spent three years as a vice president with General Electric Investment Corporation, and two years as a senior trader with American Express Company. Clark D. Wagner also worked at National Westminster Bank USA.  Get more insights on Clark D. Wagner

  

 What we like about First Investors Tax Exempt OR A Fund (FTORX)

Data for First Investors Tax Exempt OR A Fund (FTORX) as of February 28, 2010

• First Investors Tax Exempt OR A Fund (FTORX) management has been with First Investors Tax Exempt OR A Fund for 17.9 years
• First Investors Tax Exempt OR A Fund (FTORX) has good short-term performance (1-year return 9.28% vs 8.37 % Muni Single State Interm category average)
• First Investors Tax Exempt OR A Fund (FTORX) has good mid-term performance (3-year return 4.64% vs 3.70 % Muni Single State Interm category average)
• First Investors Tax Exempt OR A Fund (FTORX) has good Long-term performance (5-year return 4.19% vs 3.50 % Muni Single State Interm category average)
• First Investors Tax Exempt OR A Fund (FTORX) ratio of up-years vs down years is greater than 2
• First Investors Tax Exempt OR A Fund (FTORX) has a lower management fee than its Muni Single State Interm average: 0.91% vs 0.93%

  

 What we are cautious about First Investors Tax Exempt OR A Fund (FTORX)

Data for First Investors Tax Exempt OR A Fund (FTORX) as of February 28, 2010

• First Investors Tax Exempt OR A Fund is a focused fund with 31.45% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• First Investors Tax Exempt OR A Fund (FTORX) has a Morningstar rating of 3 and below
• First Investors Tax Exempt OR A Fund (FTORX) is less safe compared to its Muni Single State Interm peers
• First Investors Tax Exempt OR A Fund (FTORX) has an annual stock turnover rate of 44.00% that is higher than the Muni Single State Interm average of 22.23%. This could mean First Investors Tax Exempt OR A is more nimble, but also signal potential high tax impact and high trading fees
• First Investors Tax Exempt OR A Fund (FTORX) is more volatile than its peers as it has a 3-year Standard Deviation of 6.52 that is higher than category average of 5.56
• First Investors Tax Exempt OR A Fund (FTORX) carries a 5.75% load

See First Investors Tax Exempt OR A Fund (FTORX) performance details as of February 28, 2010

  

  

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First Investors Tax Exempt OR A Fund (FTORX) Net Asset

Track net asset change of First Investors Tax Exempt OR A fund (FTORX)

Date	Net Asset
02/2010	$41.35M
01/2010	$39.52M
11/2009	$39.26M

More historic net asset information on First Investors Tax Exempt OR A Fund (FTORX)

  

First Investors Tax Exempt OR A Fund (FTORX) Portfolio Allocation

Track portfolio allocation change of First Investors Tax Exempt OR A fund (FTORX)

Date	Cash	Stock	Bond	Other
09/2009	0%	0%	100%	0%
06/2009	0.82%	0%	99.18%	0%
03/2009	0.87%	0%	99.13%	0%

Click here to see more historic asset allocation information on First Investors Tax Exempt OR A Fund (FTORX)

  

Most Recent Top 10 Holdings in First Investors Tax Exempt OR A Fund (FTORX)

Discover what First Investors Tax Exempt OR A Fund (FTORX) manager is buying

30-Sep-09 Beaverton Ore Sch Dist 5.125% [4.02%] Tillamook & Yamhill Cntys Ore Go Bds 5% [4%] Puerto Rico Sales Tax Fing Cor Rev 5.75% [3.97%] Linn Cnty Ore Cmnty Sch Dist 5.5% [3.06%] Clackamas Cnty Ore Sch Dist 5.25% [3.02%] Deschutes & Jefferson Cntys Or Go Bds 6% [2.9%] Gresham Ore G.O Ref B 5.375% [2.84%] Chemeketa Ore Cmnty College Di Sch Bd 5% [2.76%] Polk Marion & Benton Cntys Ore Go Bds 5% [2.75%] Oregon St Dept Administrative Lottery 5% [2.72%]

30-Jun-09 Tillamook & Yamhill Cntys Ore Go Bds 5% [4.12%] Beaverton Ore Sch Dist 5.125% [4.02%] PUERTO RICO SALES TAX FING COR REV BDS [3.77%] Clackamas Cnty Ore Sch Dist 5.25% [3.01%] Gresham Ore G.O Ref B 5.375% [3%] Linn Cnty Ore Cmnty Sch Dist 5.5% [2.94%] Deschutes & Jefferson Cntys Ore Sch Dist [2.91%] CHEMEKETA ORE CMNTY COLLEGE DI SCH BDS [2.78%] Yamhill Cnty Ore Sch Dist 5% [2.77%] Oregon St Dept Administrative Lottery 5% [2.74%]

31-Mar-09 Tillamook & Yamhill Cntys Ore Go Bds 5% [4.03%] Beaverton Or Sd# 48j [3.91%] Clackamas Cnty Ore Sch Dist 5.25% [2.97%] Gresham Ore G.O Ref B 5.375% [2.96%] Deschutes & Jefferson Cntys Ore Sch Dist [2.82%] Linn Cnty Ore Cmnty Sch Dist 5.5% [2.81%] Yamhill Cnty Ore Sch Dist 5% [2.76%] Washington Cnty Ore Full Fait 5% [2.76%] CHEMEKETA ORE CMNTY COLLEGE DI SCH BDS [2.71%] Clackamas Ore Cmnty College Di Go Bds 5% [2.71%]

Click here for Stock Holding Change Map in First Investors Tax Exempt OR A Fund (FTORX)

  

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See more information on First Investors Tax Exempt OR A Fund (FTORX)

• First Investors Tax Exempt OR A Fund Insights
• First Investors Tax Exempt OR A Fund Performance Data
• First Investors Tax Exempt OR A Fund News
• First Investors Tax Exempt OR A Fund Score Explaination
• First Investors Tax Exempt OR A Fund Manager Information
• Historic First Investors Tax Exempt OR A Fund Asset Allocation Report
• Historic First Investors Tax Exempt OR A Fund Top 10 Holding Tracking
• Historic First Investors Tax Exempt OR A Fund Asset Under Management Tracking