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Aquila Churchill Tax-Free Fund of KY A CHTFX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
10.96  /  0.01 %
Total Assets
190.1 Mil
Adj. Expense Ratio
0.800%
Expense Ratio
0.800%
Fee Level
Above Average
Longest Manager Tenure
9.65 years
Category
Muni Single State Interm
Credit Quality / Interest Rate Sensitivity
Medium / Limited
Min. Initial Investment
1,000
Status
Open
TTM Yield
2.09%
Effective Duration
4.28 years

USD | NAV as of Jun 21, 2021 | 1-Day Return as of Jun 21, 2021, 9:39 PM GMT+00:00

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Morningstar’s Analysis

Will CHTFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CHTFX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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The People Pillar is our evaluation of the CHTFX 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

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The Parent Pillar is our rating of CHTFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A straightforward tax-free strategy for the Bluegrass State.

Analyst

Summary

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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.

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