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Morningstar

Carret Kansas Tax Exempt Bond Fund A IKSTX

Morningstar Medalist Rating
Medalist Rating as of | See American Independence Investment Hub
  • NAV / 1-Day Return 10.06  /  +0.20 %
  • Total Assets 121.9 Mil
  • Adj. Expense Ratio
    0.730%
  • Expense Ratio 0.730%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 1.75%
  • Effective Duration —

USD | NAV as of May 07, 2024 | 1-Day Return as of May 07, 2024, 10:22 PM GMT+0

Morningstar’s Analysis IKSTX

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

  • People Pillar

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

Carret Kansas Tax Exempt Bond Fund A's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings IKSTX

More IKSTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SEWARD CNTY KANS UNI SCH DIST NO 480 5%

1.99 2.4 Mil
municipal

BUTLER CNTY KANS UNI SCH DIST NO 385 ANDOVER 5%

1.74 2.1 Mil
municipal

KANSAS ST DEPT TRANSN HWY REV 5%

1.73 2.1 Mil
municipal

KANSAS ST DEPT TRANSN HWY REV 5%

1.72 2.1 Mil
municipal

JOHNSON & MIAMI CNTYS KANS UNI SCH DIST NO 230 5%

1.67 2.1 Mil
municipal

ALLEN CNTY KANS UNI SCH DIST NO 257 3%

1.65 2.0 Mil
municipal

JOHNSON CNTY KANS UNI SCH DIST NO 512 SHAWNEE MISSION 3%

1.44 1.8 Mil
municipal

KANSAS ST DEV FIN AUTH REV 5%

1.37 1.7 Mil
municipal

KANSAS ST DEPT TRANSN HWY REV 5%

1.30 1.6 Mil
municipal

JOHNSON CNTY KANS 4%

1.26 1.6 Mil
municipal