Skip to Content

Aquila Narragansett Tax-Free Income C NITCX

Medalist Rating as of | See Aquila Investment Hub
  • NAV / 1-Day Return 10.11  /  +0.10 %
  • Total Assets 185.8 Mil
  • Adj. Expense Ratio
    1.710%
  • Expense Ratio 1.710%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.21%
  • Effective Duration 4.71 years

USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:16 PM GMT+0

Morningstar’s Analysis NITCX

Will NITCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Morningstar Will Cease Coverage of Aquila Narragansett Tax-Free Income in July 2024

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. Aquila Narragansett Tax-Free Income is among the strategies involved in the pending transaction, which will close on or about July 19, 2024. Per the agreement, New York Life will merge this strategy's assets into MainStay MacKay Strategic Municipal Allocation MTFGX. We will terminate our coverage of Aquila Narragansett Tax-Free Income Fund at that time.

Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings NITCX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 14.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

RHODE IS HEALTH & EDL BLDG CORP PUB SCHS REV 5%

1.94 3.7 Mil
municipal

PROVIDENCE R I PUB BLDGS AUTH REV 4%

1.91 3.6 Mil
municipal

NARRAGANSETT R I BAY COMMN WASTEWATER SYS REV 4%

1.69 3.2 Mil
municipal

PROVIDENCE R I PUB BLDGS AUTH REV 4%

1.65 3.1 Mil
municipal

RHODE ISLAND HEALTH & EDL BLDG CORP HIGHER ED FAC REV 4%

1.50 2.8 Mil
municipal

RHODE IS INFRASTRUCTURE BK WTR POLLUTION CTL REV 4%

1.39 2.6 Mil
municipal

RHODE ISLAND HEALTH & EDL BLDG CORP HIGHER ED FAC REV 5%

1.32 2.5 Mil
municipal

LINCOLN R I 3.5%

1.19 2.2 Mil
municipal

RHODE IS HEALTH & EDL BLDG CORP PUB SCHS REV 4%

1.14 2.2 Mil
municipal

RHODE IS ST HEALTH & EDL BLDG CORP REV 3%

1.14 2.2 Mil
municipal