Performance
Trailing returns
| 1 day | +0.01% |
| |||
| 1 week |
| -0.06% | |||
| 4 week |
| -0.10% | |||
| 3 month | +0.37% |
| |||
| YTD | +0.10% |
| |||
| 1 year | +2.53% |
| |||
| 3 years* | +3.93% |
| |||
| 5 years* | +4.15% |
| |||
| *annualized | |||||
| Best 3 month return | +9.04% | |
| Worst 3 month return | -8.17% |
Morningstar statistics
Morningstar category: Muni Single State Interm
| Return | Risk | Rating | |
| 3 years | Below Average | Average |
 
|
| 5 years | Below Average | High |
|
| 10 years | Below Average | High |
|
| Overall | Below Average | High |
|
Key statistics
| Total assets | 270.46M | |
| Front load | - | |
| Deferred load | 1.00% | |
| Expense ratio | 1.61% | |
| Management fee | - | |
| Fund family | Aquila |
Asset allocation
| Cash | 0.82% | |
| Stocks | 0.00% | |
| Bonds | 99.18% | |
| Other | 0.00% |
Purchase information
| Initial | US$1,000 | |
| AIP Initial | US$50 | |
| AIP Additional | US$50 |
10.97-0.01(-0.09%)
May 22, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks to provide you as high a level of current income exempt from Kentucky state and regular Federal income taxes as is consistent with preservation of capital. The fund invests at least 80% of the fund's net assets will consist of Kentucky Obligations the income paid upon which will not be subject to the Federal alternative minimum tax on individuals. These obligations can be of any maturity, but the fund's average portfolio maturity has traditionally been between 11 and 15 years. Its Kentucky Obligations must be of investment grade quality. The fund is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Royden Durham (Started: Oct 28, 2011)
Todd Curtis (Started: Apr 30, 2009)
Royden Durham (Started: Oct 28, 2011)
Todd Curtis (Started: Apr 30, 2009)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -0.51 | -1.30 | -1.80 | -1.82 | |
| Beta* | 0.75 | 0.90 | 1.06 | 1.07 | |
| Mean annual return | 0.28 | 0.35 | 0.38 | 0.29 | |
| R-squared* | 92.62 | 95.07 | 91.05 | 92.97 | |
| Standard deviation | 2.22 | 3.48 | 5.27 | 5.04 | |
| Sharpe ratio | 1.47 | 1.18 | 0.82 | 0.35 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Louisville & Jefferson Cnty Ky Health 5% | 2.82% | |
| Kentucky St Tpk Auth 5% | 2.21% | |
| Kentucky Econ Dev Fin Auth 5.375% | 2.05% | |
| Fayette Cnty Ky Sch Dist 4.25% | 2.02% | |
| Fayette Cnty Ky Sch Dist 4.375% | 1.77% | |
| Lexington-Fayette Urban Cnty G Go 4.25% | 1.74% | |
| Kenton Cnty Ky Sch Dist 5% | 1.68% | |
| Jefferson Cnty Ky Sch Dist 4% | 1.63% | |
| Kentucky St Tpk Auth 5% | 1.55% | |
| Kentucky Econ Dev Fin Auth 5.25% | 1.50% |