Virginia Tax Free Bond Fund (PRVAX) Research
The primary objective of this fund is to generate the highest possible income that is exempt from both federal and Virginia state income taxes. It achieves this by primarily allocating its investments to high-quality municipal bonds issued within Virginia, while adhering to sound portfolio management principles. To uphold this goal, the fund typically ensures that a minimum of 80% of its net assets (including any leveraged positions) are held in bonds offering federal and Virginia tax-exempt interest. Consequently, it anticipates that at least 80% of the income generated will also be exempt from these taxes, under standard market conditions. Notably, the fund operates on a non-diversified basis.
Market snapshot
- Symbol
- PRVAX
- Price
- $11.29
- Day change
- +0.09%
- Market cap
- $1.5B
- P/E ratio
- -59.38x
- 52-week range
- 10.65-11.36
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
Peer companies
- Calvert Emerging Markets Equity Fund (CVMIX)
- Fidelity Utilities Fund (FIUIX)
- Fidelity New York Municipal Income Fund (FTFMX)
- Harbor Large Cap Value Fund (HILVX)
- Transamerica Multi-Managed Balanced Fund (IBALX)
- Nuveen Nasdaq 100 Dynamic Overwrite Fund (QQQX)
- Victory Science & Technology Fund (USSCX)
- Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX)
Open Virginia Tax Free Bond Fund (PRVAX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.