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Aquila Narragansett Tax-Free Income I NITIX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Aquila Investment Hub

Morningstar’s Analysis NITIX

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

  • People Pillar

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

Ceasing coverage in July 2024.

null Ken Noguchi

Ken Noguchi

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.

by Ken Noguchi
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