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Aquila Tax-Free Fund of Colorado A COTFX Fund Analysis

Morningstar Medalist Rating
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Morningstar’s Analysis COTFX

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

  • People Pillar

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

Aquila Tax-Free Fund of Colorado Is Under Review Ahead of Pending Transaction

null Max Curtin

Max Curtin

Analyst Note

Aquila Investment Management has agreed to sell most of its municipal-bond investment advisory business to New York Life Investments. This strategy is among those impacted by the pending transaction, which will close on or about July 19, 2024. Per the agreement, MacKay Shields will become the subadvisor for this strategy. We have placed it under review while assessing the impact of these changes.

by Max Curtin
Published on

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