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Morningstar

Viking Tax-Free for Montana A VMTTX

Morningstar Medalist Rating
Medalist Rating as of | See Integrity Investment Hub
  • NAV / 1-Day Return 9.06  /  0.23 %
  • Total Assets 65.6 Mil
  • Adj. Expense Ratio
    0.980%
  • Expense Ratio 0.980%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.60%
  • Effective Duration —

USD | NAV as of Nov 27, 2023 | 1-Day Return as of Nov 27, 2023, 11:21 PM GMT+0

Morningstar’s Analysis VMTTX

Will VMTTX 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 VMTTX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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

Weakness in Viking Tax-Free for Montana A's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings VMTTX

More VMTTX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 122
  • Other Holdings 2
  • % Assets in Top 10 Holdings 19.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SILVER BOW CNTY MONT SCH DIST NO 1 BUTTE 4%

2.82
1,840,793
municipal

YELLOWSTONE-CARBON CNTY MONT SCH DIST NO 7-70 5%

2.22
1,448,889
municipal

MONTANA FAC FIN AUTH REV 4%

2.14
1,397,160
municipal

MONTANA ST BRD HSG SINGLE FAMILY MTG 4.45%

2.08
1,360,982
municipal

MONTANA ST BRD HSG SINGLE FAMILY MTG 4.8%

1.97
1,285,325
municipal

BILLINGS MONT SOLID WASTE SYS REV 3.5%

1.92
1,255,112
municipal

LAKE MISSOULA & SANDERS CNTYS MONT ELEM SCH DIST NO JT & 8 ARLEE 5%

1.91
1,246,809
municipal

YELLOWSTONE CNTY MONT K-12 SCH DIST NO 26 LOCKWOOD 5%

1.59
1,040,300
municipal

YELLOWSTONE CNTY MONT K-12 SCH DIST NO 26 LOCKWOOD 5%

1.59
1,037,560
municipal

MONTANA FAC FIN AUTH HEALTH FACS REV 5%

1.57
1,027,271
municipal