Weitz Nebraska Tax-Free Income Fund (WNTFX)
Weitz Nebraska Tax-Free Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Omaha, NE, US. The stock last traded at $9.80, down 0.03% on the session, giving a market capitalisation of $19.9M. Its beta of 0.67 implies it has historically moved less than the broad market.
To achieve its goals, the fund typically invests a minimum of 80% of its net assets—supplemented by any borrowed capital for investment—in municipal securities. These selected securities are intended to generate income exempt from both federal and Nebraska state income taxes. Alternatively, the fund may direct its investments towards open or closed-end mutual funds that generally focus on holding municipal bonds.
Weitz Nebraska Tax-Free Income Fund is most often compared with the following Financial Services names: