-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, B8kOB8zzwI3mzrnUgpErwJIGiDRcIR+2WoMOppdmoFtLZfAwGfFmTlzJM9a0s3bL dHMO+ro8Ux9hTulsMQIrCA== 0000919034-96-000011.txt : 19960529 0000919034-96-000011.hdr.sgml : 19960529 ACCESSION NUMBER: 0000919034-96-000011 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 19960528 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: MUTUAL FUND TRUST CENTRAL INDEX KEY: 0000919034 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-75250 FILM NUMBER: 96572785 BUSINESS ADDRESS: STREET 1: 125 WEST 55TH ST CITY: NEW YORK STATE: NY ZIP: 10019 497 1 SUPPL TO SAI DATED 5/6/96 MUTUAL FUND TRUST SUPPLEMENT DATED 5/24/96 TO THE SAI DATED 5/6/96 The taxable equivalent yield tables listed below, supplement the Statement of Additional Information ("SAI") for the tax free Vista Funds, and should be read in conjunction with the SAI. The tables should serve as Appendix E to the SAI. APPENDIX E Vista Tax Free Money Market Fund Vista Tax Free Income Fund Taxable Equivalent Yields - 1996
Taxable Income * Combined - -----------------------------Federal & Single Joint State 3.00% 3.50% 4.00% 4.50% 5.00% Return *** Return *** Bracket ** EquivalenTaxable Yield: - ---------------------------------------------- not over 24,000 not over 40,100 15.00% 3.53% 4.12% 4.71% 5.29% 5.88% 24,001 - 58,150 40,101 - 96,900 28.00% 4.17% 4.86% 5.56% 6.25% 6.94% 58,151 - 121,30 96,901- 147,700 31.00% 4.35% 5.07% 5.80% 6.52% 7.25% 121,301- 263,75 147,701- 263,750 36.00% 4.69% 5.47% 6.25% 7.03% 7.81% over 263,750 over 263,750 39.60% 4.97% 5.79% 6.62% 7.45% 8.28% Taxable Income * Combined - -----------------------------Federal & Single Joint State Return *** Return *** Bracket ** 5.50% 6.00% 6.50% 7.00% - -----------------------------------------Equivalent Taxable Yield: not over 24,000 not over 40,100 15.00% 6.47% 7.06% 7.65% 8.24% 24,001 - 58,150 40,101 - 96,900 28.00% 7.64% 8.33% 9.03% 9.72% 58,151 - 121,300 96,901- 147,70 31.00% 7.97% 8.70% 9.42% 10.14% 121,301- 263,750 147,701- 26375 36.00% 8.59% 9.38% 10.16% 10.94% over 263,750 over 263,750 39.60% 9.11% 9.93% 10.76% 11.59% Vista New York Tax Free Income Fund Vista New York Tax Free Money Market Fund New York State Resident Equivalent Taxable Yields -1996 Taxable Income * Combined - -----------------------------Federal & Single Joint State 3.00% 3.50% 4.00% 4.50% 5.00% Return *** Return *** Bracket ** Equivalent Taxable Yield: - ---------------------------------------------- not over 5,500 not over 11,000 18.40% 3.68% 4.29% 4.90% 5.51% 6.13% 5,501 - 8,000 11,001 - 16,000 19.25% 3.72% 4.33% 4.95% 5.57% 6.19% 8,001 - 13,000 16,001 - 22,000 20.10% 3.75% 4.38% 5.01% 5.63% 6.26% 22,001 - 26,000 20.95% 3.80% 4.43% 5.06% 5.69% 6.33% 13,001 - 24,000 26,001 - 40,100 21.06% 3.80% 4.43% 5.07% 5.70% 6.33% 24,001 - 58,150 40,101 - 96,900 33.13% 4.49% 5.23% 5.98% 6.73% 7.48% 58,151 - 100,001 96,901 - 100,000 35.92% 4.68% 5.46% 6.24% 7.02% 7.80% 100,001 - 121,300 35.92% 4.68% 5.46% 6.24% 7.02% 7.80% 100,001 - 147,000 35.92% 4.68% 5.46% 6.24% 7.02% 7.80% 121,301 - 150,000 40.56% 5.05% 5.89% 6.73% 7.57% 8.41% 147,701 - 150,000 40.56% 5.05% 5.89% 6.73% 7.57% 8.41% 150,001 - 263,750 150,001 - 263,750 40.56% 5.05% 5.89% 6.73% 7.57% 8.41% over 263,750 over 263,750 43.90% 5.35% 6.24% 7.13% 8.02% 8.91% Taxable Income * Combined - -----------------------------Federal & Single Joint State Return *** Return *** Bracket ** 5.50% 6.00% 6.50% 7.00% - -----------------------------------------Equivalent Taxable Yield: not over 5,500 not over 11,000 18.40% 6.74% 7.35% 7.97% 8.58% 5,501 - 8,000 11,001 - 16,000 19.25% 6.81% 7.43% 8.05% 8.67% 8,001 - 13,000 16,001 - 22,000 20.10% 6.88% 7.51% 8.14% 8.76% 22,001 - 26,000 20.95% 6.96% 7.59% 8.22% 8.86% 13,001 - 24,000 26,001 - 40,100 21.06% 6.97% 7.60% 8.23% 8.87% 24,001 - 58,150 40,101 - 96,900 33.13% 8.22% 8.97% 9.72% 10.47% 58,151 - 100,000 96,901 - 100,000 35.92% 8.58% 9.36% 10.14% 10.92% 100,001 - 121,300 35.92% 8.58% 9.36% 10.14% 10.92% 100,001 - 147,700 35.92% 8.58% 9.36% 10.14% 10.92% 121,301 - 150,000 40.56% 9.25% 10.09% 10.94% 11.78% 147,701 - 150,000 40.56% 9.25% 10.09% 10.94% 11.78% 150,001 - 263,750 150,001 - 263,750 40.56% 9.25% 10.09% 10.94% 11.78% over 263,750 over 263,750 43.90% 9.80% 10.70% 11.59% 12.48% Vista New York Tax Free Income Fund Vista New York Tax Free Money Market Fund New York State and City Resident Equivalent Taxable Yields -1996 Federal Only Taxable Income * Combined - -----------------------------Federal, Single Joint State & City 3.00% 3.50% 4.00% 4.50% 5.00% Return *** Return *** Bracket ** Equivalent Taxable Yield: - ---------------------------------------------- not over 5,500 not over 11,000 20.919% 3.79% 4.43% 5.06% 5.69% 6.32% 5,501 - 8,000 11,001 - 14,400 21.769% 3.83% 4.47% 5.11% 5.75% 6.39% 14,401 - 16,000 22.651% 3.88% 4.52% 5.17% 5.82% 6.46% 8,001 - 8,400 23.007% 3.90% 4.55% 5.20% 5.84% 6.49% 8,401 - 13,000 16,001 - 22,000 23.501% 3.92% 4.58% 5.23% 5.88% 6.54% 22,001 - 27,000 24.351% 3.97% 4.63% 5.29% 5.95% 6.61% 26,001 - 27,000 24.457% 3.97% 4.63% 5.29% 5.96% 6.62% 13,001 - 24,000 27,001 - 40,100 24.787% 3.99% 4.65% 5.32% 5.98% 6.65% 24,001 - 58,150 40,101 - 96,900 36.290% 4.71% 5.49% 6.28% 7.06% 7.85% 58,151 - 60,000 96,901 - 100,000 36.298% 4.71% 5.49% 6.28% 7.06% 7.85% 60,101 - 100,000 38.953% 4.91% 5.73% 6.55% 7.37% 8.19% 100,001 - 121,300 38.992% 4.92% 5.74% 6.56% 7.38% 8.20% 100,001 - 108,000 39.378% 4.95% 5.77% 6.60% 7.42% 8.25% 108,001 - 147,700 39.674% 4.97% 5.80% 6.63% 7.46% 8.29% 147;701 - 150,000 39.714% 4.98% 5.81% 6.64% 7.46% 8.29% 121,301 - 150,000 44.082% 5.36% 6.26% 7.15% 8.05% 8.94% 147,701 - 150,000 43.771% 5.34% 6.22% 7.11% 8.00% 8.89% 150,001 - 263,750 150,001 - 263,750 43.413% 5.30% 6.19% 7.07% 7.95% 8.84% over 263,750 over 263,750 46.596% 5.62% 6.55% 7.49% 8.43% 9.36% Taxable Income * Combined - -----------------------------Federal, Single Joint State & City 5.50% 6.00% 6.50% 7.00% Return *** Return *** Bracket ** Equivalent Taxable Yield: - ---------------------------------------------- not over 5,500 not over 11,000 20.919% 6.95% 7.59% 8.22% 8.85% 5,501 - 8,000 11,001 - 14,400 21.769% 7.03% 7.67% 8.31% 8.95% 14,401 - 16,000 22.651% 7.11% 7.76% 8.40% 9.05% 8,001 - 8,400 23.007% 7.14% 7.79% 8.44% 9.09% 8,401 - 13,000 16,001 - 22,000 23.501% 7.19% 7.84% 8.50% 9.15% 22,001 - 27,000 24.351% 7.27% 7.93% 8.59% 9.25% 26,001 - 27,000 24.457% 7.28% 7.94% 8.60% 9.27% 13,001 - 24,000 27,001 - 40,100 24.787% 7.31% 7.98% 8.64% 9.31% 24,001 - 58,150 40,101 - 96,900 36.290% 8.63% 9.42% 10.20% 10.99% 58,151 - 60,000 96,901 - 100,000 36.298% 8.63% 9.42% 10.20% 10.99% 60,101 - 100,000 38.953% 9.01% 9.83% 10.65% 11.47% 100,001 - 121,300 38.992% 9.02% 9.83% 10.65% 11.47% 100,001 - 108,000 39.378% 9.07% 9.90% 10.72% 11.55% 108,001 - 147,700 39.674% 9.12% 9.95% 10.77% 11.60% 147,701 - 150,000 39.714% 9.12% 9.95% 10.78% 11.61% 121,301 - 150,000 44.082% 9.84% 10.73% 11.62% 12.52% 147,701 - 150,000 43.771% 9.78% 10.67% 11.56% 12.45% 150,001 - 263,750 150,001 - 263,750 43.413% 9.72% 10.60% 11.49% 12.37% over 263,750 over 263,750 46.596% 10.30% 11.24% 12.17% 13.11% Vista California Tax Free Money Market Fund Vista California Intermediate Tax Free Fund Tax-Free - Taxable Equivalent Yields - 1996 California Resident Combined Taxable Income* Federal Tax Exempt Yield Single Joint and State 4.00% 4.50% 5.00% 5.50% 6.00% Return *** Return *** Bracket ** Equivalent Taxable Yields 0 - 4,831 0 - 4,831 15.85% 4.75% 5.35% 5.94% 6.54% 7.13% 4,832-11,449 9,663 - 22,898 16.70% 4.80% 5.40% 6.00% 6.60% 7.20% 11,450 - 18,068 22,899 - 36,13 18.40% 4.90% 5.51% 6.13% 6.74% 7.35% 18,069 - 24,000 36,137 - 40,10 20.10% 5.01% 5.63% 6.26% 6.88% 7.51% 24,001 - 25,083 40,101 - 50,16 32.32% 5.91% 6.65% 7.39% 8.13% 8.87% 25,084 - 31,700 50,167 - 63,40 33.76% 6.04% 6.79% 7.55% 8.30% 9.06% 31,701 - 58,150 63,401 - 96,90 34.70% 6.13% 6.89% 7.66% 8.42% 9.19% 58,151 - 109,936 96,901 - 147,7 37.42% 6.39% 7.19% 7.99% 8.79% 9.59% 109,937 - 121,300 37.90% 6.44% 7.25% 8.05% 8.86% 9.66% 147,701 - 219,872 41.95% 6.89% 7.75% 8.61% 9.47% 10.34% 121,301 - 219,872 219,873 - 263,750 42.40% 6.94% 7.81% 8.68% 9.55% 10.42% 219,873 - 263,750 43.04% 7.02% 7.90% 8.78% 9.66% 10.53% 263,751 - 439,744 45.64% 7.36% 8.28% 9.20% 10.12% 11.04% over 263,750 over 439,744 46.24% 7.44% 8.37% 9.30% 10.23% 11.16% Taxable Income* Combined Federal Single Joint and State 6.50% 7.00% 7.50% 8.00% Return *** Return *** Bracket ** Equivialent Taxable Yields: 0 - 4,831 0 - 4,831 15.85% 7.72% 8.32% 8.91% 9.51% 4,832 - 11,449 9,663 - 22,898 16.70% 7.80% 8.40% 9.00% 9.60% 11,450 - 18,068 22,899 - 36,13 18.40% 7.97% 8.58% 9.19% 9.80% 18,069 - 24,000 36,137 - 40,10 20.10% 8.14% 8.76% 9.39% 10.01% 24,001 - 25,083 40,101 - 50,16 32.32% 9.60% 10.34% 11.08% 11.82% 25,084 - 31,700 50,167 - 63,40 33.76% 9.81% 10.57% 11.32% 12.08% 31,701 - 58,150 63,401 - 96,90 34.70% 9.95% 10.72% 11.48% 12.25% 58,151 - 109,93 96,901 - 147,7 37.42% 10.39% 11.19% 11.98% 12.78% 109,937 - 121,300 37.90% 10.47% 11.27% 12.08% 12.88% 147,701 - 219,872 41.95% 11.20% 12.06% 12.92% 13.78% 121,301 - 219,873 219,873 - 263,750 42.40% 11.28% 12.15% 13.02% 13.89% 219,873 - 263,750 43.04% 11.41% 12.29% 13.17% 14.04% 263,751 - 439,744 45.64% 11.96% 12.88% 13.80% 14.72% over 263,750 over 439,744 46.24% 12.09% 13.02% 13.95% 14.88% Vista California Tax Free Money Market Fund Vista California Intermediate Tax Free Fund Tax-Free - Taxable Equivalent Yields - 1996 California Resident Federal Only Combined Taxable Income* Federal Tax Exempt Yield Single Joint and State 4.00% 4.50% 5.00% 5.50% 6.00% Return *** Return *** Bracket ** Equivalent Taxable Yields 0 - 4,831 0 - 4,831 1.00% 4.04% 4.55% 5.05% 5.56% 6.06% 4,832-11,449 9,663 - 22,898 2.00% 4.08% 4.59% 5.10% 5.61% 6.12% 11,450 - 18,068 22,899 - 36,136 4.00% 4.17% 4.69% 5.21% 5.73% 6.25% 18,069 - 24,000 36,137 - 40,100 6.00% 4.26% 4.79% 5.32% 5.85% 6.38% 24,001 - 25,083 40,101 - 50,160 6.00% 4.26% 4.79% 5.32% 5.85% 6.38% 25,084 - 31,700 50,167 - 63,400 8.00% 4.35% 4.89% 5.43% 5.98% 6.52% 31,701 - 58,150 63,401 - 96,900 9.30% 4.41% 4.96% 5.51% 6.06% 6.62% 58,151 - 109,93 96,901 - 147,700 9.30% 4.41% 4.96% 5.51% 6.06% 6.62% 109,937 - 121,300 10.00% 4.44% 5.00% 5.56% 6.11% 6.67% 147,701 - 219,872 9.30% 4.41% 4.96% 5.51% 6.06% 6.62% 121,301 - 219,873 219,873 - 263,750 10.00% 4.44% 5.00% 5.56% 6.11% 6.67% 219,873 - 263,750 11.00% 4.49% 5.06% 5.62% 6.18% 6.74% 263,751 - 439,744 10.00% 4.44% 5.00% 5.56% 6.11% 6.67% over 263,750 over 439,744 11.00% 4.49% 5.06% 5.62% 6.18% 6.74% Taxable Income* Combined Federal Single Joint and State 6.50% 7.00% 7.50% 8.00% Return *** Return *** Bracket ** Equivalent Taxable Yields: 0 - 4,831 0 - 4,831 1.00% 6.57% 7.07% 7.58% 8.08% 4,832-11,449 9,663 - 22,898 2.00% 6.63% 7.14% 7.65% 8.16% 11,450 - 18,068 22,899 - 36,136 3.00% 6.77% 7.29% 7.81% 8.33% 18,069 - 24,000 36,137 - 40,100 4.00% 6.91% 7.45% 7.98% 8.51% 24,001 - 25,083 40,101 - 50,166 6.00% 6.91% 7.45% 7.98% 8.51% 25,084 - 31,700 50,167 - 63,400 6.00% 7.07% 7.61% 8.15% 8.70% 31,701 - 58,150 63,401 - 96,900 8.00% 7.17% 7.72% 8.27% 8.82% 58,151 - 109,93 96,901 - 147,700 9.30% 7.17% 7.72% 8.27% 8.82% 109,937 - 121,300 10.00% 7.22% 7.78% 8.33% 8.89% 47,701 - 219,872 9.30% 7.17% 7.72% 8.27% 8.82% 121,301 - 219,872 219,873 - 263,750 10.00% 7.22% 7.78% 8.33% 8.89% 219,873 - 263,750 11.00% 7.30% 7.87% 8.43% 8.99% 263,751 - 439,744 10.00% 7.22% 7.78% 8.33% 8.89% over 263,750 over 439,744 11.00% 7.30% 7.87% 8.43% 8.99% Vista Tax Free Money Market Fund Vista Tax Free Income Fund Tax-Free - Taxable Equivalent Yields - 1996 Federal Only Combined Taxable Income * Federal & Single Joint State 3.00% 3.50% 4.00% 4.50% 5.00% Return *** Return *** Bracket ** EquivalenTaxable Yield: over 24,000 over 40,100 28.000% 4.17% 4.86% 5.56% 6.25% 6.94% over 58,151 over 96,900 31.000% 4.35% 5.07% 5.80% 6.52% 7.25% over 121,301 over 147,700 36.000% 4.69% 5.47% 6.25% 7.03% 7.81% over 263,751 over 263,751 39.600% 4.97% 5.79% 6.62% 7.45% 8.28% Combined Taxable Income * Federal & Single Joint State 5.50% 6.00% 6.50% 7.00% Return *** Return *** Bracket ** over 24,000 over 40,100 28.000% 7.64% 8.33% 9.03% 9.72% over 58,151 over 96,900 31.000% 7.97% 8.70% 9.42% 10.14% over 121,301 over 147,700 36.000% 8.59% 9.38% 10.16% 10.94% over 263,751 over 263,751 39.600% 9.11% 9.93% 10.76% 11.59%
EX-99 2 *Represents taxable income as currently defined by the Internal Revenue Service. **Federal rates and brackets are those currently available as of January 1, 1996 for 1996. ***Taxpayers with adjusted gross income in excess of $117,950 would be required to reduce their itemized deductions, as provided by the Internal Revenue Code. In addition, single taxpayers with adjusted gross income in excess of $117,950 ($176,950 for joint taxpayers) are required to phase-out the benefit of any personal exemptions claimed. Note: In determining the Federal bracket, it is assumed that none of the tax-free obligations would give rise to a tax-preference and that the alternative minimum tax is otherwise inapplicable. -----END PRIVACY-ENHANCED MESSAGE-----