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Morningstar

Old Westbury Municipal Bond OWMBX

Morningstar Medalist Rating
Medalist Rating as of | See Old Westbury Investment Hub
  • NAV / 1-Day Return 11.43  /  +0.09 %
  • Total Assets 4.0 Bil
  • Adj. Expense Ratio
    0.570%
  • Expense Ratio 0.570%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.21%
  • Effective Duration —

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 12:17 AM GMT+0

Morningstar’s Analysis OWMBX

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

  • People Pillar

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

Weakness in Old Westbury Municipal Bond's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings OWMBX

More OWMBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Hermes Govt Obl Premier

3.07 123.7 Mil
Cash and Equivalents

United States Treasury Notes 3.5%

1.97 79.1 Mil
Government

WASHINGTON ST 5%

0.70 28.2 Mil
municipal

WASHINGTON ST 5%

0.68 27.3 Mil
municipal

NEVADA ST 5%

0.62 25.1 Mil
municipal

NEW YORK ST URBAN DEV CORP ST SALES TAX REV 5%

0.59 23.9 Mil
municipal

WASHINGTON ST 5%

0.58 23.5 Mil
municipal

MARYLAND ST 5%

0.55 22.1 Mil
municipal

HAWAII ST 5.055%

0.52 20.8 Mil
municipal

BEXAR CNTY TEX 5%

0.51 20.7 Mil
municipal