Morningstar

Nomura Tax-Free Colorado Fund Class A VCTFX

Morningstar Medalist Rating
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Medalist Rating as of See Nomura Investment Hub
  • NAV / 1-Day Return $9.60  /  +0.63 %
  • Fund Size $231.8M
  • Adjusted Expense Ratio 0.820%
  • Net Expense Ratio 0.840%
  • Fee Level: Distribution Above Average
  • Share Class Type Front Load
  • Morningstar Category Muni Single State Long
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 3.91%
  • Average Effective Duration 8.54 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis VCTFX

Will VCTFX outperform in the 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 VCTFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VCTFX 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 VCTFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Nomura Tax-Free CO A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings VCTFX

More VCTFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

COLORADO SPRINGS COLO UTILS REV 5.25%

3.11 8M
municipal

UNIVERSITY COLO HOSP AUTH REV 2.9%

2.42 6M
municipal

COLORADO HEALTH FACS AUTH REV 4%

2.06 5M
municipal

PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5%

1.94 5M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

1.94 5M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

1.80 5M
municipal

GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5%

1.79 5M
municipal

COLORADO ST BRD GOVERNORS UNIV ENTERPRISE SYS REV 5%

1.74 4M
municipal

COLORADO HEALTH FACS AUTH REV 3%

1.71 4M
municipal

CHERRY CREEK COLO SCH DIST NO 005 5.25%

1.69 4M
municipal

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