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Morningstar

Elfun Tax-Exempt Income ELFTX

Morningstar Medalist Rating
Medalist Rating as of | See State Street Investment Hub
  • NAV / 1-Day Return 10.03  /  +0.01 %
  • Total Assets 967.5 Mil
  • Adj. Expense Ratio
    0.210%
  • Expense Ratio 0.210%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 500
  • Status Open
  • TTM Yield 3.88%
  • Effective Duration —

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:09 PM GMT+0

Morningstar’s Analysis ELFTX

Will ELFTX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ELFTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ELFTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ELFTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Elfun Tax-Exempt Income’s Process Pillar rating is Average, but a strong management team still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ELFTX

More ELFTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BALTIMORE MD PROJ REV 5%

1.48 14.3 Mil
municipal

PHILADELPHIA PA WTR & WASTEWTR REV 5%

1.09 10.5 Mil
municipal

LOS ANGELES CALIF WASTEWATER SYS REV 5%

1.09 10.5 Mil
municipal

NEW JERSEY ST EDL FACS AUTH REV 5.5%

0.87 8.4 Mil
municipal

CHICAGO ILL O HARE INTL ARPT REV 5.25%

0.86 8.3 Mil
municipal

PENNSYLVANIA ST TPK COMMN OIL FRANCHISE TAX REV 5.25%

0.82 7.9 Mil
municipal

KENTUCKY ST PPTY & BLDGS COMMN REVS 5%

0.82 7.9 Mil
municipal

TAMPA FLA WTR & WASTEWATER SYS REV 5.25%

0.79 7.7 Mil
municipal

NEW JERSEY ECONOMIC DEV AUTH REV 5%

0.79 7.6 Mil
municipal

NEW JERSEY ST TPK AUTH TPK REV 5%

0.78 7.5 Mil
municipal