Aquila Narragansett Tax-Free Income provides Rhode Island investors with straightforward exposure to the state’s municipal market, but at the cost of diversification benefits.
Aquila Narragansett Tax-Free Income Y NITYX
- NAV / 1-Day Return 10.02 / +0.01 %
- Total Assets 169.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.710%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Muni Single State Interm
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment —
- Status Open
- TTM Yield 2.22%
- Effective Duration 4.25 years
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:14 PM GMT+0
Morningstar’s Analysis NITYX
Will NITYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 15.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
RHODE IS HEALTH & EDL BLDG CORP PUB SCHS REV 5% | 1.96 | 3.6 Mil | municipal |
PROVIDENCE R I PUB BLDGS AUTH REV 4% | 1.94 | 3.6 Mil | municipal |
Dreyfus Treasury Obligations Csh Mgt Ins | 1.92 | 3.5 Mil | Cash and Equivalents |
NARRAGANSETT R I BAY COMMN WASTEWATER SYS REV 4% | 1.72 | 3.2 Mil | municipal |
PROVIDENCE R I PUB BLDGS AUTH REV 4% | 1.67 | 3.1 Mil | municipal |
RHODE ISLAND HEALTH & EDL BLDG CORP HIGHER ED FAC REV 4% | 1.53 | 2.8 Mil | municipal |
RHODE IS INFRASTRUCTURE BK WTR POLLUTION CTL REV 4% | 1.42 | 2.6 Mil | municipal |
RHODE ISLAND HEALTH & EDL BLDG CORP HIGHER ED FAC REV 5% | 1.36 | 2.5 Mil | municipal |
LINCOLN R I 3.5% | 1.21 | 2.2 Mil | municipal |
RHODE IS HEALTH & EDL BLDG CORP PUB SCHS REV 4% | 1.15 | 2.1 Mil | municipal |