Morningstar

Commerce Kansas Tax Free Intermediate Bond Fund KTXIX

Morningstar Medalist Rating
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Medalist Rating as of See Commerce Investment Hub
  • NAV / 1-Day Return $17.73  /  +0.79 %
  • Fund Size $78.7M
  • Adjusted Expense Ratio 0.650%
  • Net Expense Ratio 0.700%
  • Fee Level: Distribution Above Average
  • Share Class Type No Load
  • Morningstar Category Muni Single State Interm
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 2.88%
  • Average Effective Duration 6.83 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis KTXIX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Commerce KS Tax Free Interm Bd 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 KTXIX

More KTXIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JOHNSON CNTY KANS UNI SCH DIST NO 229 5%

3.18 3M
municipal

WICHITA KANS 5%

2.93 2M
municipal

State Street Instl US Govt MMkt Premier

2.86 2M
Cash and Equivalents

OLATHE KANS WTR & SWR SYS REV 4%

2.52 2M
municipal

WICHITA KANS MULTIFAMILY HSG REV 3.15%

2.48 2M
municipal

KANSAS ST DEV FIN AUTH REV 4%

2.48 2M
municipal

UNIVERSITY KANS HOSP AUTH HEALTH FACS REV 5%

2.40 2M
municipal

DOUGLAS CNTY KANS UNI SCH DIST NO 491 EUDORA 5%

2.29 2M
municipal

LAWRENCE KANS HOSP REV 5%

2.18 2M
municipal

HARVEY CNTY KANS UNI SCH DIST NO 440 HALSTEAD 5%

1.89 2M
municipal

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