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Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

581.0. "Tax Free Scudder Funds?" by CPDW::ROGERS () Mon Oct 04 1993 20:30

    Does anyone have any input on any of Scudder Tax exempt funds??
    
    Thanks
    
T.RTitleUserPersonal
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581.1Scudder Tax Free Money FundDPDMAI::VETEIKISMon Oct 04 1993 21:086
    I'm in the Scudder Tax Free Money Fund and pretty happy with it. The
    rates are fairly competitive as far as tax-free money funds go, I can
    as many checks as I want with a reasonable minimum ($100), and Customer
    Service has been good.
    
    Curt
581.2ZENDIA::FERGUSONRed XTue Oct 05 1993 12:265
I've been in the Scudder MA Tax Free mutual fund for about 1 year now and
the returns have been very good, and Fed + MA state tax free!  interest alone
has been around 6%...  if I include the share price appreciation, i';m easily
in the double-digit return arena (bought at $12.85 or so, currently $14.25 or
so).  No load.  
581.3BROKE::SHAHAmitabh "Leadership DECAF? Yuck!"Tue Oct 05 1993 12:282
	Ditto on .2, except that I have been in MA Tax-free fund for nearly
	two years now, and have seen double digit returns for both. 
581.4dreyfus tooZENDIA::FERGUSONRed XTue Oct 05 1993 12:329
re      <<< Note 581.3 by BROKE::SHAH "Amitabh "Leadership DECAF? Yuck!"" >>>

>	Ditto on .2, except that I have been in MA Tax-free fund for nearly
>	two years now, and have seen double digit returns for both. 

i've also been in the Dreyfus MA Tax Free fund for 2.5 years and seen similar
results, although the scudder fund seems to do a little bit better then the
dreyfus fund.  the scudder ma t.f. fund does incur _some_ dividends that must
be declared on your taxes.  last year, the dreyfus fund was 100% tax free...
581.5One more question about Scudder Tax Free FundsCPDW::ROGERSThu Oct 07 1993 13:5420
Thank you for your replies. I have another question. The performance of the
Tax Free Scudder Funds is similar. Some of the funds have operating expenses 
    (see below), some do not. What made you decide on the Free Money 
    Fund, 0.73% operating expenses, versus the Medium Term Fund 
    of 0.0% operating expenses?

  Thank you


  	          Scudder Tax  Scudder Medium   Scudder Hgh   Scudder MA.
        	  Free Money    Term TF          Yield TF      TF

Investment Mgmt
fee                0.50%          0.00%             0.69%        0.0%

Other Expenses     0.23%          0.00%             0.29%        0.0%

Total Operating 
Expenses           0.73%          0.00%             0.98%        0.0%