10/27/2014

Todd Curtis Quoted Regarding Mesa, AZ Bond Issuance

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Bloomberg.com quotes Todd Curtis as portfolio manager of the Aquila Tax-Free Trust of Arizona in the 10/24/14 article “Mesa Prompts Bond Backlash as Debt Doubles Over 7 Years.”

“The city has a reasonable amount of debt considering its developing suburban fringes and aging downtown neighborhoods, said Todd Curtis, who manages the $274 million Aquila Tax-Free Trust of Arizona from Phoenix.”

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10/13/2014

Capital Gain Distribution Estimates – 2014

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In the event that 2014 capital gain distributions are declared, the funds are anticipated to have a record date of December 30, 2014, an ex-date of December 31, 2014, a payable date of December 31, 2014, and a reinvestment date of December 31, 2014.

Estimates are subject to change depending on market conditions, board approvals, and other circumstances. This report is the result of estimates and is based on information available as of September 15, 2014. The amount and character of distributions cannot be determined until the anticipated record dates.

Shares of the Funds may only be...

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