Aquila Churchill Tax-Free Fund of Kentucky plies a straightforward process with limited supporting resources. The lack of any clear edge or red flags results in a Morningstar Analyst Rating of Neutral on its cheaper share classes and Negative on its most expensive share class.
Aquila Churchill Tax-Free Fund of KY Y CHKYX
NAV / 1-Day Return
10.86
/
0.01
%
Total Assets
186.6 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.650%
Expense Ratio
0.650%
Fee Level
High
Longest Manager Tenure
9.34
years
Category
Muni Single State Interm
Credit Quality / Interest Rate Sensitivity
Medium / LimitedMin. Initial Investment
0
Status
Open
TTM Yield
2.27%
Effective Duration
3.94
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will CHKYX 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 CHKYX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CHKYX 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 CHKYX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A straightforward tax-free strategy for the Bluegrass State.
