Nearly two dozen tax-exempt mutual funds were among those in the industry that received accolades for stellar historical performance by Lipper at its 2008 awards ceremony last week in New York City.

Overall, trophies were presented to top-ranking small and large fund families in four major asset categories - overall, equity, fixed-income, and mixed-asset - as well as 35 other individual funds that topped their respective categories for having historically strong, risk-adjusted three, five, or 10-year performance ending Dec. 31, 2007.

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