Press release article from our research archive:

MTB Group of Funds Expands Municipal Bond Fund Line-Up Through Acquisition.

BALTIMORE, Feb. 27 /PRNewswire-FirstCall/ -- Baltimore based MTB Group of Funds has acquired two municipal bond funds from Friedman, Billings, Ramsey Group, Inc. (FBR) and added them to the MTB Funds' municipal bond fund line- up.

The acquisition of the FBR Maryland Tax-Free Portfolio and the FBR Virginia Tax-Free Portfolio expands the MTB Funds' regional line-up of municipal bond funds which now includes:

 
  -- The MTB Maryland Municipal Bond Fund 
  -- The MTB New York Municipal Bond Fund 
  -- The MTB Pennsylvania Municipal Bond Fund 
  -- The MTB Virginia Municipal Bond Fund 
 
 

As a result of this tax-free reorganization between the FBR Funds and the MTB Funds, ...

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