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Morningstar

Viking Tax-Free for Montana A VMTTX

Morningstar Medalist Rating
Medalist Rating as of | See Integrity Investment Hub
  • NAV / 1-Day Return 9.11  /  −0.21 %
  • Total Assets 62.7 Mil
  • Adj. Expense Ratio
    0.980%
  • Expense Ratio 0.980%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.59%
  • Effective Duration —

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:06 PM GMT+0

Morningstar’s Analysis VMTTX

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

  • People Pillar

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

Weakness in Viking Tax-Free for Montana A's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

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-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings VMTTX

More VMTTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SILVER BOW CNTY MONT SCH DIST NO 1 BUTTE 4%

3.19 2.0 Mil
municipal

YELLOWSTONE-CARBON CNTY MONT SCH DIST NO 7-70 5%

2.50 1.6 Mil
municipal

MONTANA FAC FIN AUTH REV 4%

2.46 1.5 Mil
municipal

MONTANA ST BRD HSG SINGLE FAMILY MTG 4.45%

2.32 1.4 Mil
municipal

BILLINGS MONT SOLID WASTE SYS REV 3.5%

2.30 1.4 Mil
municipal

MONTANA ST BRD HSG SINGLE FAMILY MTG 4.8%

2.20 1.4 Mil
municipal

LAKE MISSOULA & SANDERS CNTYS MONT ELEM SCH DIST NO JT & 8 ARLEE 5%

2.14 1.3 Mil
municipal

YELLOWSTONE CNTY MONT K-12 SCH DIST NO 26 LOCKWOOD 5%

1.74 1.1 Mil
municipal

GALLATIN CNTY MONT 5%

1.69 1.1 Mil
municipal

MONTANA ST BRD REGENTS HIGHER ED REV 5%

1.68 1.0 Mil
municipal