Aquila Churchill Tax-Free Strategy of Kentucky plies a straightforward process with lean resources. The strategy invests exclusively in investment-grade bonds issued by Kentucky municipalities while eschewing territory debt like Puerto Rico bonds. It earns a Morningstar Analyst Rating of Neutral on its cheaper share classes and Negative on its most expensive share class.
Morningstar’s Fund Analysis CHKCX
Will CHKCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CHKCX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CHKCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of CHKCX’s parent organization’s priorities and whether they’re in line with investors’ interests.