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Commerce Missouri Tax-Free Intermediate Bond Fund CFMOX Institutional Share Class Ranked No. 1 in Nation by Lipper Analytical Services, Inc.

Publication: Economics & Business Week
Publication Date: 21-FEB-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
A leading global provider of fund intelligence recently gave the Commerce Family of Mutual Funds its top national ranking. Lipper Analytical Service, Inc., named CommerceEs Missouri Tax-Free Intermediate Bond Fund (CFMOX) Institutional Share Class number one against 89 comparable funds in the organizationEs Other States Intermediate Municipal Debt Funds Category for 10-year performance as of 12/31/2008.

The Missouri Tax-Free Intermediate Bond Fund had an annualized return of 4.01% for the 10-year period ending 12/31/08. This return gave the Fund the top national ranking out of 89 funds for the 10-year period ending 12/31/08 in the Lipper Other States Intermediate Municipal Debt Funds Category.

In addition, the Missouri Tax-Free Intermediate Bond Fund had an annualized return of 2.81% for the five-year period ending 12/31/08 which ranked it 14th out of 123 funds in the Lipper Other States Intermediate Municipal Debt FundEs Category for Five-Year performance.

The investment objective of the Missouri Tax-Free Fund is to seek current income exempt from federal, and to the extent possible, from Missouri income taxes, as is...

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