Tax-Free Fund For Utah - Portfolio Managers' Biography

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KIMBALL L. YOUNG (left) and THOMAS S. ALBRIGHT (right) are the Co-Portfolio Managers of Tax-Free Fund For Utah.

Mr. Young has been the senior marketing representative for the Fund since its inception in 1992. In this capacity, Mr. Young has overseen the overall activities of the Fund, including its marketing efforts. He has 27 years of investment management experience, notably in the area of municipal finance.

Mr. Albright has three decades of investment management experience with prominent organizations. Since 1995, he has been overseeing the portfolio of a similar Aquila-sponsored-fund - Churchill Tax-Free Fund of Kentucky.

Mr. Young is based in Salt Lake City, Utah, which enables him to maintain a careful watch over the Fund's portfolio investments. He frequently travels throughout the state to check on current and prospective investments.