A mutual fund managed by an investment company that primarily invests in municipal bonds. The value of mutual fund shares can fluctuate with market conditions, so redeemed shares may be worth more or less than the original investment. Mutual funds are sold only through a prospectus. Investors should carefully review the charges, risks, expenses, and investment objectives before investing. A prospectus with detailed information can be obtained from your financial professional—read it carefully before investing or sending money.