Mutual Fund Insights: Alabama Tax-Free Bond Fund (ALABX)

In-depth Analysis of Alabama Tax-Free Bond Fund (ALABX)

3 months 6 months 1 year 3 year 5 year

See Alabama Tax-Free Bond Fund (ALABX) performance details as of February 28, 2010

  

Last Trade: $10.61 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Timothy S. Healey

Fund Manager Tenure: 17.2 years
Fundmojo Fund Grade: C (Score: 0.56)     (What does this score mean?)

Timothy S. Healey is an executive vice president and has been a portfolio manager with T. Leavell & Associates Inc. since February 1986. Prior to joining the company, Timothy S. Healey spent 11 years as an analyst and portfolio manager with Torchmark Investment Advisory Company. As a fixed-income manager, Healey seeks a high-quality portfolio with low turnover and intermediate duration.  Get more insights on Timothy S. Healey

  

 What we like about Alabama Tax-Free Bond Fund (ALABX)

Data for Alabama Tax-Free Bond Fund (ALABX) as of February 28, 2010

• Alabama Tax-Free Bond Fund (ALABX) management has been with Alabama Tax-Free Bond Fund for 17.2 years
• Alabama Tax-Free Bond Fund (ALABX) has good mid-term performance (3-year return 4.06% vs 3.98 % Muni Single State Short category average)
• Alabama Tax-Free Bond Fund (ALABX) ratio of up-years vs down years is greater than 2
• Alabama Tax-Free Bond Fund (ALABX) has an annual stock turnover rate of 8.00% vs Muni Single State Short average of 15.73%. It is good that Alabama Tax-Free Bond management does not trade extensively for its return.
• Alabama Tax-Free Bond Fund (ALABX) is less volatile than its peers as it has a 3-year Standard Deviation of 2, lower than category average of 3.48
• Alabama Tax-Free Bond Fund (ALABX) has a lower management fee than its Muni Single State Short average: 0.65% vs 0.84%
• Alabama Tax-Free Bond Fund (ALABX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Alabama Tax-Free Bond Fund (ALABX)

Data for Alabama Tax-Free Bond Fund (ALABX) as of February 28, 2010

• Alabama Tax-Free Bond Fund (ALABX) has a less-than-ideal short-term performance (1-year return 3.62% vs 4.84 % Muni Single State Short category average)
• Alabama Tax-Free Bond Fund (ALABX) has a less-than-ideal Long-term performance (5-year return 3.29% vs 3.33 % Muni Single State Short category average)
• Alabama Tax-Free Bond Fund (ALABX) has a Morningstar rating of 3 and below
• Alabama Tax-Free Bond Fund (ALABX) is less safe compared to its Muni Single State Short peers

See Alabama Tax-Free Bond Fund (ALABX) performance details as of February 28, 2010

  

  

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Alabama Tax-Free Bond Fund (ALABX) Net Asset

Track net asset change of Alabama Tax-Free Bond fund (ALABX)

Date	Net Asset
02/2010	$30.04M
01/2010	$29.64M
11/2009	$30.34M

More historic net asset information on Alabama Tax-Free Bond Fund (ALABX)

  

Alabama Tax-Free Bond Fund (ALABX) Portfolio Allocation

Track portfolio allocation change of Alabama Tax-Free Bond fund (ALABX)

Date	Cash	Stock	Bond	Other
01/2010	17.31%	0%	82.69%	0%
10/2009	17.25%	0%	82.75%	0%
09/2009	14.86%	0%	85.14%	0%

Click here to see more historic asset allocation information on Alabama Tax-Free Bond Fund (ALABX)

  

Most Recent Top 10 Holdings in Alabama Tax-Free Bond Fund (ALABX)

Discover what Alabama Tax-Free Bond Fund (ALABX) manager is buying

31-Jan-10 Alpine Municipal Money Market [4.97%] Mobile Ala G.O Ref W 5.2% [2.67%] Foley Ala Utils Brd Utils Rev Rev Bds 4% [2.51%] Vestavia Hills Ala G.O Wts 5% [2.02%] Houston Cnty Ala Brd Ed Cap Ou Cap Ou 4% [2.01%] Sumter Cnty Ala Ltd Obl 4.5% [1.91%] Mobile Ala G.O Ref W 5.5% [1.85%] Homewood Ala G.O Wts 5% [1.82%] Houston Cnty Ala Ref Go Wt 4.75% [1.81%] Huntsville Ala G.O Ref W 5% [1.8%]

31-Oct-09 Alpine Municipal Money Market [6.25%] Mobile Ala G.O Ref W 5.2% [2.61%] Foley Ala Utils Brd Utils Rev Rev Bds 4% [2.44%] Alabama St Pub Sch & College A Ca 5.125% [2.02%] Vestavia Hills Ala G.O Wts 5% [2.01%] Houston Cnty Ala Brd Ed Cap Ou Cap Ou 4% [1.95%] Homewood Ala G.O Wts 5% [1.81%] Mobile Ala G.O Ref W 5.5% [1.8%] Huntsville Ala G.O Ref W 5% [1.79%] Alabama St Pub Sch & College A Ca 5.125% [1.77%]

30-Sep-09 Alpine Municipal Money Market [5.6%] Foley Ala Utils Brd Utils Rev Rev Bds 4% [2.54%] Alabama St Pub Sch & College A Ca 5.125% [2.02%] Vestavia Hills Ala G.O Wts 5% [2%] Houston Cnty Ala Brd Ed Cap Ou Cap Ou 4% [1.97%] Homewood Ala G.O Wts 5% [1.81%] Mobile Ala G.O Ref W 5.5% [1.8%] Mobile Ala G.O Ref W 5.2% [1.8%] Houston Cnty Ala Ref Go Wt 4.75% [1.8%] Huntsville Ala G.O Ref W 5% [1.78%]

Click here for Stock Holding Change Map in Alabama Tax-Free Bond Fund (ALABX)

  

Related books and products to Alabama Tax-Free Bond Fund (ALABX)

  

Latest News on Alabama Tax-Free Bond (ALABX)

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Books and Resources

 

 

See more information on Alabama Tax-Free Bond Fund (ALABX)

• Alabama Tax-Free Bond Fund Insights
• Alabama Tax-Free Bond Fund Performance Data
• Alabama Tax-Free Bond Fund News
• Alabama Tax-Free Bond Fund Score Explaination
• Alabama Tax-Free Bond Fund Manager Information
• Historic Alabama Tax-Free Bond Fund Asset Allocation Report
• Historic Alabama Tax-Free Bond Fund Top 10 Holding Tracking
• Historic Alabama Tax-Free Bond Fund Asset Under Management Tracking