Morningstar

State Farm Municipal Bond Fund SFBDX

Morningstar Medalist Rating
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Medalist Rating as of See State Farm Investment Hub
  • NAV / 1-Day Return $7.82  /  +0.39 %
  • Fund Size $456.4M
  • Adjusted Expense Ratio 0.160%
  • Net Expense Ratio 0.160%
  • Fee Level: Distribution Low
  • Share Class Type No Load
  • Morningstar Category Muni National Interm
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $250
  • Investment Status Open
  • TTM Yield 3.58%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis SFBDX

Will SFBDX outperform in the 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 SFBDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

State Farm Municipal Bond holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings SFBDX

More SFBDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Northern Institutional Treasury Premier

1.78 9M
Cash and Equivalents

ILLINOIS ST 5%

1.12 5M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

1.08 5M
municipal

WHITE BEAR LAKE MINN INDPT SCH DIST NO 624 5%

0.91 4M
municipal

KANSAS ST DEPT TRANSN HWY REV 5%

0.84 4M
municipal

WEST BLOOMFIELD MICH SCH DIST 3%

0.75 4M
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5%

0.72 4M
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 0.00001%

0.72 4M
municipal

MONTANA ST BRD REGENTS HIGHER ED REV 3%

0.71 3M
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

0.68 3M
municipal

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