Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Madison Tax-Free Virginia Y GTVAX
- NAV / 1-Day Return 10.74 / 0.00
- Total Assets 17.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.860%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Muni Single State Interm
- Credit Quality / Interest Rate Sensitivity High/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.92%
- Effective Duration 4.32 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis GTVAX
Will GTVAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 31.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
NORTHERN VA TRANSN AUTH TRANSN SPL TAX REV 5% | 4.65 | 780,691 | municipal |
ARLINGTON CNTY VA 5% | 3.71 | 622,418 | municipal |
JAMES CITY CNTY VA ECONOMIC DEV AUTHY PUB FAC REV 5% | 3.20 | 537,280 | municipal |
METROPOLITAN WASH D C ARPTS AUTH ARPT SYS REV 5% | 3.06 | 512,762 | municipal |
LOUDOUN CNTY VA ECONOMIC DEV AUTH PUB FAC REV 4% | 3.05 | 512,610 | municipal |
HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV 5% | 2.92 | 489,303 | municipal |
NORFOLK VA 5% | 2.91 | 489,044 | municipal |
GREATER RICHMOND CONVENTION CTR AUTH VA HOTEL TAX REV 5% | 2.75 | 461,066 | municipal |
POQUOSON VA 4% | 2.62 | 439,411 | municipal |
HAMPTON ROADS SANTN DIST VA WASTEWATER REV 5% | 2.59 | 434,251 | municipal |