Skip to Content

Aquila Narragansett Tax-Free Income A NITFX

Analyst rating as of
NAV / 1-Day Return
11.02  /  0.11 %
Total Assets
255.4 Mil
Adj. Expense Ratio
0.860%
Expense Ratio
0.860%
Fee Level
High
Longest Manager Tenure
20.18 years
Category
Muni Single State Interm
Credit Quality / Interest Rate Sensitivity
High / Moderate
Min. Initial Investment
1,000
Status
Open
TTM Yield
2.06%
Effective Duration
4.53 years
Premium

Morningstar’s Analysis

Will NITFX outperform in future?

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

A municipal fund for Rhode Islanders.

Summary

| |

Aquila Narragansett Tax-Free Income is run by a small but experienced team that offers straightforward exposure to Rhode Island’s muni market, with no U.S. territory bonds and minimal use of midgrade and nonrated fare. No clear advantages and a stiff price tag support a Morningstar Analyst Rating of Neutral on its cheaper share classes while its more-expensive share classes are rated Negative.

Unlock our full analysis with Morningstar Premium