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Morningstar

Commerce MO Tax-Free Int Bd CFMOX

Morningstar Medalist Rating
Medalist Rating as of | See Commerce Investment Hub
  • NAV / 1-Day Return 18.50  /  −0.05 %
  • Total Assets 246.1 Mil
  • Adj. Expense Ratio
    0.680%
  • Expense Ratio 0.680%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.24%
  • Effective Duration 5.15 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis CFMOX

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

  • People Pillar

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

Commerce MO Tax-Free Int Bd boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings CFMOX

More CFMOX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5%

2.44 5.9 Mil
municipal

ST LOUIS MO ARPT REV 5%

1.59 3.8 Mil
municipal

BLAIR OAKS R-II SCH DIST MO 5%

1.41 3.4 Mil
municipal

HANNIBAL MO INDL DEV AUTH HEALTH FACS REV 5%

1.35 3.3 Mil
municipal

MISSOURI ST HSG DEV COMMN SINGLE FAMILY MTG REV 4.05%

1.21 2.9 Mil
municipal

ST LOUIS MO MUN FIN CORP LEASEHOLD REV 5%

1.15 2.8 Mil
municipal

MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV 2.55%

1.14 2.8 Mil
municipal

MISSOURI ST DEV FIN BRD INFRASTRUCTURE FACS REV 5%

1.14 2.8 Mil
municipal

KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG 5%

1.09 2.6 Mil
municipal

ST LOUIS MO MUN FIN CORP REC SALES TAX LEASEHOLD REV 4%

1.08 2.6 Mil
municipal