Counterpoint Tactical Municipal A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
Counterpoint Tactical Municipal Fund Class A TMNAX
- NAV / 1-Day Return 10.70 / +0.09 %
- Total Assets 287.5M
-
Adj. Expense Ratio
1.750%
- Expense Ratio 1.180%
- Distribution Fee Level High
- Share Class Type Front Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 5,000
- Status Open
- TTM Yield 2.89%
- Effective Duration 8.95 years
USD | NAV as of Jun 17, 2026 | 1-Day Return as of Jun 17, 2026, 12:43 AM GMT+0
Morningstar’s Analysis TMNAX
Will TMNAX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the TMNAX 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 TMNAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 3.3
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
BlackRock Liquidity MuniCash Instl | 95.07 | 273M | Cash and Equivalents |
Nuveen High Yield Municipal Bond I | 3.30 | 9M | — |
Jpm Cash Deposit Account | 1.26 | 4M | Cash and Equivalents |
Cash | 0.21 | 602,915 | Cash and Equivalents |
Us Dollar Future | 0.14 | 397,157 | Cash and Equivalents |
Us Dollar Swap | 0.01 | 26,276 | Cash and Equivalents |
AB High Income Municipal Advisor | 0.00 | 10,140 | — |
Russell Inv Tax-Exempt High Yield Bd S | 0.00 | 9,066 | — |
Goldman Sachs High Yield Muni Instl | 0.00 | 8,960 | — |
PIMCO High Yield Municipal Bond I | 0.00 | 8,320 | — |
United States