The Sierra Tactical Municipal Fund Class C (STMHX) is a mutual fund that primarily invests in municipal bonds. These bonds are issued by state and local governments to fund public projects such as schools, roads, and hospitals. The fund aims to provide investors with tax-free income by investing in high-quality, short-term municipal bonds. The "tactical" aspect of the fund's name suggests that the fund manager may actively adjust the fund's holdings in response to market conditions. As a Class C fund, it may have higher fees and expenses compared to other classes of the same fund. Overall, the Sierra Tactical Municipal Fund Class C offers investors a way to potentially earn tax-free income while also diversifying their portfolio with investments in government-backed bonds.