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.
Will UTAYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable UTAYX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the UTAYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of UTAYX’s parent organization’s priorities and whether they’re in line with investors’ interests.