Did you know that tax-free investing can provide an attractive way to earn
monthly income free of both federal regular and state income?
The rates of return are hypothetical and do not represent the returns of any particular investment.
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Municipal bonds are tax-free at the federal level and often the state and local level for in-state residents. When you consider that federal and state tax rates tend to rise, this tax-advantaged benefit can make municipal bonds attractive to investors in various tax brackets.
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Maryland, New York, Pennsylvania and Virginia state bonds are 30 times less likely to default than a AAA-rated corporate bond due to their high quality credit characteristics2.
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MTB Municipal Bond Funds distribute tax-free income monthly instead of through semi-annual coupon payments.
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Mutual fund investing provides investors with the advantage of professional money management and cost-effective diversification. As a result of its larger size and institutional status, mutual fund managers can also often purchase these investments at more attractive prices than those available to individual investors.
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1The rates of return are hypothetical and do not represent the returns of any particular investment.
2Kiplinger's, May 2008.
3Released May 26,2008 by Pensions &Investments, ranked by Total Institutional Worldwide Assets Under Management as of December 31, 2007 |
MTB Municipal Bond Funds. Contact Us Today to Learn More.
Call your MTB Funds Wholesaler at 1-866-275-6325 for more information on the MTB Municipal Bond Funds.
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Live. Work. Invest.
When constructing portfolios, out familiarity with the regional communities allows us to understand the credit worthiness of these opportunities. The MTB Municipal Bond Funds are managed by MTB Investmet Advisors, a leading national investment manager ranked among the largest 200 money managers in the country by Pensions & Investments in 20073. |
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Total Return =
Yield + Change in Net Asset Value
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Investment grade bonds with intermediate-term maturity
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Manage duration and provide downside risk protection
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| MTB Fund Name |
Class A Symbol |
Class I Symbol |
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| MTB New York Municipal Bond Fund |
VNYFX |
VNYIX |
| MTB Maryland Muncipal Bond Fund |
ARMRX |
ARMTX |
| MTB Pennsylvania Municipal Bond Fund |
APARX |
MVPMX |
| MTB Virginia Municipal Bond Fund |
RSXIX |
not available |
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Contact MTB Funds today to unlock the advantages of municipal bond investing.
Bond prices are sensitive to changes in interest rates and a rise in interest rates can cause a decline in their prices. A portion of the fund's
income may be subject to state taxes, local taxes, and the federal Alternative Minimum Tax (AMT). For more complete information,
please download the funds' prospectuses available on www.mtbfunds.com or call 1-800-836-2211 for copies. You should consider the
funds' investment objectives, risks, charges, and expenses carefully before you invest. Information about these and other important
'prospectus, which you should read carefully before investing.
MTB Investment Advisors, Inc., a subsidiary of Manufacturers and Traders Company (“M&T Bank”) is the investment advisor to the MTB
Group of Funds. ALPS Distributors, Inc., which is not affiliated with M&T Bank, is the distributor of the MTB Group of Funds.Neither
MTB Group of Funds nor any affiliates, agents or representatives are authorized to give legal, tax, estate planning or accounting advice, and
this general information is not intended to be considered legal, tax, estate planning or accounting advice. We suggest that you consult your
attorney, accountant or tax advisor for such advice on specific points of interest to you.
Tax information contained herein is from sources deemed reliable, but no guarantee is made as to its accuracy or completeness.
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