Aquila Tax-Free Fund for Utah Y (UTAYX)
* As of 31-Mar-14
Quotes delayed, except where indicated otherwise. Currency in USD.
- No Headlines available for UTAYX at this time.
|Symbol||% Assets||YTD Return %|
|Twin Creeks Utah Spl Svc Dist 10%||3.13||N/A|
|Utah Tran Auth 5%||2.12||N/A|
|Utah Assd Mun Pwr Sys Rev Rev Ref B 5%||1.99||N/A|
|Utah St Charter Sch Fin Auth 7.25%||1.98||N/A|
|Utah St Charter Sch Fin Auth||1.96||N/A|
|Morningstar Overall Rating:|
|Category:||Muni Single State Interm|
|Annual Report Expense Ratio (net):||0.63%|
Performance & Risk
|5y Avg Return:||6.33%|
|Rank in Category (ytd):||25|
|% Rank in Category (ytd):||10.92%|
|Morningstar Risk Rating:||4|
The investment seeks to provide the investors as high a level of current income exempt from Utah state and regular Federal income taxes as is consistent with preservation of capital.
Under normal circumstances, at least 80% of the fund's net assets will be invested in municipal obligations that pay interest exempt, in the opinion of bond counsel, from Utah state individual and regular Federal income taxes, the income paid upon which will not be subject to the Federal AMT on individuals. These obligations can be of any maturity, but the fund's average portfolio maturity has traditionally been between 10 and 20 years. The fund is non-diversified. View More