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Morningstar

Frost Municipal Bond Inst FIMUX

Morningstar Medalist Rating
Medalist Rating as of | See Frost Investment Hub
  • NAV / 1-Day Return 9.34  /  0.00
  • Total Assets 15.4 Mil
  • Adj. Expense Ratio
    0.700%
  • Expense Ratio 0.700%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 2.51%
  • Effective Duration 4.08 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0

Morningstar’s Analysis FIMUX

Will FIMUX 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 FIMUX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FIMUX 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 FIMUX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Frost Municipal Bond Inst's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FIMUX

More FIMUX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 36.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

UNIVERSITY TEX UNIV REVS IAM COML PAPER 3/A2 SER A 3.35%

9.83 1.5 Mil
Cash and Equivalents

LIBERTY HILL TEX INDPT SCH DIST 5%

4.68 714,251
municipal

FORT LAUDERDALE FLA 5%

3.74 570,353
municipal

PLAINVIEW TEX INDPT SCH DIST 5%

3.61 550,707
municipal

CYPRESS-FAIRBANKS TEX INDPT SCH DIST 5%

3.57 544,100
municipal

LIBERTY HILL TEX INDPT SCH DIST 5%

3.56 542,975
municipal

LOWER COLO RIV AUTH TEX REV 5%

3.51 535,681
municipal

POTTSBORO TEX INDPT SCH DIST 5%

3.49 532,548
municipal

Cash & Cash Equivalents

3.44 524,305
Cash and Equivalents

EL PASO CNTY COLO SCH DIST NO 49 FALCON CTFS PARTN 5%

3.41 520,790
municipal