Aquila Investment Management has agreed to sell most of its municipal-bond investment advisory business to New York Life Investments. Aquila Tax-Free Fund for Utah is among the strategies impacted by the pending transaction, which will close on or about July 19, 2024. Per the agreement, MacKay Shields will become the subadvisor for this strategy. We have placed it under review while assessing the impact of these changes.
Aquila Tax-Free Fund For Utah C UTACX
- NAV / 1-Day Return 9.69 / +0.02 %
- Total Assets 281.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.670%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Muni Single State Interm
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.31%
- Effective Duration 4.13 years
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:16 PM GMT+0
Morningstar’s Analysis UTACX
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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 11.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
UTAH ST CHARTER SCH FIN AUTH CHARTER SCH REV 5.6% | 1.65 | 4.7 Mil | municipal |
Dreyfus Treasury Obligations Csh Mgt Ins | 1.56 | 4.4 Mil | Cash and Equivalents |
WEBER CNTY UTAH SPL ASSMT 5.75% | 1.36 | 3.9 Mil | municipal |
UTAH TRAN AUTH SALES TAX REV 4% | 1.26 | 3.6 Mil | municipal |
UTAH ST CHARTER SCH FIN AUTH CHARTER SCH REV 5.85% | 1.15 | 3.3 Mil | municipal |
SALT LAKE CITY UTAH ARPT REV 5% | 1.15 | 3.3 Mil | municipal |
UTAH TRAN AUTH SALES TAX REV 4% | 1.10 | 3.1 Mil | municipal |
UTAH ST MUN PWR AGY PWR SUPPLY SYS REV 5% | 1.06 | 3.0 Mil | municipal |
UTAH ST 5% | 1.00 | 2.8 Mil | municipal |
UTAH HSG CORP SINGLE FAMILY MTG REV 3.85% | 0.95 | 2.7 Mil | municipal |