Aquila Tax-Free Fund for Utah plies a straightforward approach but has experienced some turnover on its already small team. After factoring in high fees, the strategy earns a Morningstar Analyst Rating of Neutral on its cheapest share classes, while its most-expensive share class earns a Negative.
Aquila Tax-Free Fund For Utah C UTACX
NAV / 1-Day Return
10.35
/
0.29
%
Total Assets
462.6 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.660%
Expense Ratio
1.660%
Fee Level
High
Longest Manager Tenure
12.33
years
Category
Muni Single State Interm
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
1,000
Status
Open
TTM Yield
0.95%
Effective Duration
4.96
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will UTACX 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 UTACX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the UTACX 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 UTACX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A muni strategy for Utah-based investors.
