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Morningstar

Wilmington Municipal Bond A WTABX

Morningstar Medalist Rating
Medalist Rating as of | See Wilmington Trust Investment Hub
  • NAV / 1-Day Return 12.17  /  +0.09 %
  • Total Assets 314.9 Mil
  • Adj. Expense Ratio
    0.740%
  • Expense Ratio 0.740%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.08%
  • Effective Duration 5.22 years

USD | NAV as of May 02, 2024 | 1-Day Return as of May 02, 2024, 12:22 AM GMT+0

Morningstar’s Analysis WTABX

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

  • People Pillar

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

Weakness in Wilmington Municipal Bond 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-highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings WTABX

More WTABX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SPDR® Nuveen Blmbg Hi Yld Muncpl Bd ETF

4.84 15.4 Mil
—

WHITING IND ENVIRONMENTAL FACS REV 5%

2.09 6.6 Mil
municipal

TOBACCO SETTLEMENT REV MGMT AUTH S C TOB SETTLEMENT REV 6.375%

1.92 6.1 Mil
municipal

CENTRAL PUGET SOUND WASH REGL TRAN AUTH SALES TAX & MOTOR VEHICLE EXCISE TA

1.63 5.2 Mil
municipal

SALT LAKE CNTY UTAH HOSP REV 5.125%

1.62 5.1 Mil
municipal

METROPOLITAN PIER & EXPOSITION AUTH ILL HOSPITALITY FACS REV 7%

1.60 5.1 Mil
municipal

NORTH CAROLINA MUN PWR AGY NO 1 CATAWBA ELEC REV 5%

1.49 4.7 Mil
municipal

TEXAS ST 5%

1.27 4.0 Mil
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%

1.27 4.0 Mil
municipal

LIBERTY N Y DEV CORP REV 5.25%

1.12 3.5 Mil
municipal