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Aquila Narragansett Tax-Free Income A NITFX

Medalist Rating as of | See Aquila Investment Hub
  • NAV / 1-Day Return 10.14  /  0.00
  • Total Assets 188.9 Mil
  • Adj. Expense Ratio
    0.860%
  • Expense Ratio 0.860%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.04%
  • Effective Duration 4.71 years

USD | NAV as of Feb 29, 2024 | 1-Day Return as of Feb 29, 2024, 11:19 PM GMT+0

Morningstar’s Analysis NITFX

Will NITFX outperform in future?

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

Straightforward municipal exposure for Rhode Island investors.

Associate Analyst Max Curtin

Max Curtin

Associate Analyst

Summary

Aquila Narragansett Tax-Free Income provides Rhode Island investors with straightforward exposure to the state’s municipal market, but at the cost of diversification benefits. It earns Morningstar Analyst Ratings of Neutral and Negative, depending on fees.

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Portfolio Holdings NITFX

  • 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