Morningstar

Six Circles Tax Aware Intermediate Duration Fund CUTAX

Morningstar Medalist Rating
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Medalist Rating as of See Six Circles Investment Hub
  • NAV / 1-Day Return $9.62  /  +0.10 %
  • Fund Size $3.4B
  • Adjusted Expense Ratio 0.180%
  • Net Expense Ratio 0.150%
  • Fee Level: Distribution Low
  • Share Class Type No Load
  • Morningstar Category Muni National Interm
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 3.12%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis CUTAX

Will CUTAX outperform in the 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 CUTAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Six Circles Tax Aware Intermediate Dur holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings CUTAX

More CUTAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 49.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future June 26

25.85 218M
Government

Future Contract On Ice 3mth Sonia Fu Dec26 /Gbp/ 0.00000000

6.64 56M
Government

Euro Future Dec 26

6.32 53M
Derivative

5 Year Treasury Note Future June 26

4.91 41M
Government

Irs Rsofrp03.32 08/31/30 Wfslus33xxx Float Receive

3.34 28M
Government

Rc R/P Bnp Pa 3.720% 04/01/26 3.72000000

3.29 28M
Cash and Equivalents

ORLANDO FLA UTILS COMMN UTIL SYS REV 2.67%

2.98 25M
municipal

ROCHESTER MINN HEALTH CARE FACS REV 2.15%

2.73 23M
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

2.57 22M
municipal

3 Month SOFR Future Mar 28

2.41 20M
Government

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