The team at the helm of Aquila Tax-Free Fund for Utah takes a straightforward approach to building this portfolio. While the team is experienced, it's small compared with better-resourced rivals, That, along with high fees, limit its Morningstar Analyst Rating to Neutral on its cheapest share classes, while its most-expensive share classes are rated Negative.
Aquila Tax-Free Fund For Utah C UTACX
NAV / 1-Day Return
10.65
/
0.09
%
Total Assets
495.0 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.
1.680%
Expense Ratio
1.680%
Fee Level
High
Longest Manager Tenure
11.53
years
Category
Muni Single State Interm
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
1,000
Status
Open
TTM Yield
1.15%
Effective Duration
4.59
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 fund for Utah-based investors.
