Skip to Content

Aquila Tax-Free Fund For Utah A UTAHX

Medalist Rating as of | See Aquila Investment Hub
  • NAV / 1-Day Return 9.71  /  0.01 %
  • Total Assets 285.4 Mil
  • Adj. Expense Ratio
    0.870%
  • Expense Ratio 0.870%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.19%
  • Effective Duration 4.13 years

Morningstar’s Analysis UTAHX

Will UTAHX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Ratings Unchanged for Aquila Tax-Free Fund for Utah After Manager Retirement Announcement

null Max Curtin

Max Curtin

Analyst Note

Aquila Tax-Free Fund for Utah’s veteran lead manager J.T. Thompson is retiring effective Dec. 31, 2023, after more than three decades in the industry. The firm announced his retirement in a prospectus amendment on July 27, 2023, when it also named Tim Iltz to replace him on the fund as comanager effective Aug. 1, 2023. Thompson’s retirement and the addition of Iltz do not change the fund’s Average People and Process ratings. Oregon-based Iltz, a comanager on Aquila Tax-Free Trust of Oregon ORTFX and Aquila Tax-Free Fund of Colorado COTYX since 2018 and 2023, respectively, joins current comanagers Royden Durham and Tony Tanner on this Utah single-state strategy. Iltz’s two-plus decades of industry experience are rooted in Oregon, where he was a muni underwriter at Wedbush Securities prior to joining Aquila as an analyst in 2011. Between Aquila’s current group of seasoned comanagers and the firm’s history of hiring experienced local talent during manager transitions, these changes don’t affect the strategy’s current ratings.

Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings UTAHX

  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 276
  • Other Holdings 2
  • % Assets in Top 10 Holdings 11.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

UTAH ST CHARTER SCH FIN AUTH CHARTER SCH REV 5.6%

1.65
4,687,242
municipal

Dreyfus Treasury Obligations Csh Mgt Ins

1.56
4,421,942
Cash and Equivalents

WEBER CNTY UTAH SPL ASSMT 5.75%

1.36
3,866,369
municipal

UTAH TRAN AUTH SALES TAX REV 4%

1.26
3,587,542
municipal

UTAH ST CHARTER SCH FIN AUTH CHARTER SCH REV 5.85%

1.15
3,280,033
municipal

SALT LAKE CITY UTAH ARPT REV 5%

1.15
3,278,963
municipal

UTAH TRAN AUTH SALES TAX REV 4%

1.10
3,117,088
municipal

UTAH ST MUN PWR AGY PWR SUPPLY SYS REV 5%

1.06
3,022,380
municipal

UTAH ST 5%

1.00
2,847,350
municipal

UTAH HSG CORP SINGLE FAMILY MTG REV 3.85%

0.95
2,687,078
municipal