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The investment seeks current income exempt from federal income tax as is consistent with the preservation of capital. The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes, in municipal bonds issued by or on behalf of the states, territories and possessions of the United States, the District of Columbia and their respective authorities, agencies, instrumentalities and political subdivisions, the income from which, in the opinion of bond counsel, is exempt from regular federal income and federal alternative minimum taxes. It may invest up to 10% of its total assets in such unrated securities.
Name | Title | Since | Until |
---|---|---|---|
Brent L. Schowe | Manager | 2012 | Now |
Biography | Brent L. Schowe , CFA, Senior Vice President, Joined Commerce Investment Advisors, Inc. in 1999 and serve as Fund manager since 2012. | ||
Brian P. Musielak | Senior Vice President | 1999 | Now |
Biography | Musielak, Senior Vice President, is a portfolio manager for Commerce Investment Advisors. He joined the investment management group of the firm in 1995 as a fixed income analyst. Prior to assuming these responsibilities, he worked in the commercial loan department as a credit analyst. | ||
Scott M. Colbert | Senior Vice President | 1998 | 1999 |
Biography | Scott Colbert is Senior Vice President and Portfolio Manager at Commerce Investment Advisors, Inc. He joined Commerce in 1993. Prior to joining Commerce Bank, Scott worked for The Cincinnati Gas and Electric Company, Fifth Third Bank, and ARMCO Inc. Scott received his bachelor of science degree in nuclear engineering from the University of Cincinnati in 1986 and received his master of business administration from Xavier University. | ||
Craig A. MacPherson | Vice President | 1995 | 1998 |
Biography | MacPherson is a vice president with Commerce Bank, his employer since 1991. Between 1972 and 1991, he worked at Bank IV, Wichita, Kansas, where he held the title of vice president and trust investment officer. He also served Bank IV as portfolio manager and head of fixed-income investments. MacPherson is a Chartered Financial Analyst. |
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