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Virtus Tax-Exempt Bond A (HXBZX) Fund Ranking and Research

Ranking, Research and Recommendation of Virtus Tax-Exempt Bond A (HXBZX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Virtus Tax-Exempt Bond A Fund (HXBZX) ManagerFund Manager - Lisa H. Leonard

Fund Manager Information

Fund Manager Tenure: 7.6 years
Similar Funds: HXBIX 
Fund Family: Virtus
Fund Category: Muni National Interm
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.58)     (What does this score mean?)

 

Graph of Virtus Tax-Exempt Bond A Fund (HXBZX) ProfileVirtus Tax-Exempt Bond A Fund (HXBZX) Profile

Fund Profile and Description

Virtus Tax-Exempt Bond A Fund seeks to provide a high level of current income that is exempt from federal income tax. Virtus Tax-Exempt Bond A Fund invests at least 80% of assets in municipal securities with varying maturities. These securities are generally exempt from federal income tax and not subject to the alternative minimum tax. It may also invest in U.S. Government securities and securities with various forms of credit enhancement (such as bank letters of credit).

 

Virtus Tax-Exempt Bond A (HXBZX) Fund Strength What we like about Virtus Tax-Exempt Bond A (HXBZX) Fund

Data for Virtus Tax-Exempt Bond A Fund (HXBZX) as of May 30, 2016

  • Virtus Tax-Exempt Bond A Fund (HXBZX) management has been with Virtus Tax-Exempt Bond A Fund for 7.6 years
  • Virtus Tax-Exempt Bond A Fund (HXBZX) has good Long-term performance (5-year return 4.65% vs 4.14% Muni National Interm category median performance)
  • Virtus Tax-Exempt Bond A Fund (HXBZX) ratio of up-years vs down years is greater than 2
  • Virtus Tax-Exempt Bond A Fund (HXBZX) has an annual stock turnover rate of 10.00% vs Muni National Interm average of 22.40%. It is good that Virtus Tax-Exempt Bond A management does not trade extensively for its return.
  • Virtus Tax-Exempt Bond A Fund (HXBZX) is less volatile than its peers as it has a 3-year Standard Deviation of 3.28, lower than category average of 3.29

Virtus Tax-Exempt Bond A Fund (HXBZX) Weakness What we are cautious about Virtus Tax-Exempt Bond A (HXBZX) Fund

Data for Virtus Tax-Exempt Bond A Fund (HXBZX) as of May 30, 2016

  • Virtus Tax-Exempt Bond A Fund (HXBZX) has a less-than-ideal short-term performance (1-year return 4.49% vs 4.71% Muni National Interm category median performance)
  • Virtus Tax-Exempt Bond A Fund (HXBZX) has a less-than-ideal mid-term performance (3-year return 3.07% vs 3.10% Muni National Interm category median performance)
  • Virtus Tax-Exempt Bond A Fund (HXBZX) has a Morningstar rating of 3 and below
  • Virtus Tax-Exempt Bond A Fund (HXBZX) is less safe compared to its Muni National Interm peers
  • Virtus Tax-Exempt Bond A Fund (HXBZX) has a higher expense ratio of 0.85% than its Muni National Interm average of 0.80%
  • Virtus Tax-Exempt Bond A Fund (HXBZX) carries a 2.75% load
See Virtus Tax-Exempt Bond A Fund (HXBZX) performance details as of May 30, 2016

 

What do you think?

 

Compare Virtus Tax-Exempt Bond A Fund (HXBZX)Compare with other top Muni National Interm category mutual funds

Aadditional top Muni National Interm mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Virtus Tax-Exempt Bond A2.044.493.074.65
Eaton Vance TABS 5 to15 Yr Lad Muni Bd I (EILTX)3.408.176.377.87Compare
BlackRock Strategic Muni Opps Inv A1 (MDMTX)3.297.784.275.68Compare
USAA Tax Exempt Intermediate-Term (USATX)2.525.223.514.92Compare

See top fund managers for Muni National Interm Category Funds

 

Compare Virtus Tax-Exempt Bond A Fund (HXBZX)Compare with Muni National Interm category ETFs

Some Muni National Interm ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Intermediate Muni ETF (ITM)2.55%7.15%4.62%
iShares National AMT-Free Muni Bond (MUB)2.19%5.72%4.01%
PIMCO Intermediate Municipal Bd Actv ETF (MUNI)1.61%4.98%2.60%
Columbia Intermediate Municipal Bond ETF (GMMB)000

 

Graph of Virtus Tax-Exempt Bond A Fund (HXBZX) Net Asset TrackingVirtus Tax-Exempt Bond A (HXBZX) Fund Net Asset

Track net asset change of Virtus Tax-Exempt Bond A fund (HXBZX)

DateNet Asset
05/2016$199.53M
03/2016$201.73M
02/2016$198.47M
More historic net asset information on Virtus Tax-Exempt Bond A Fund (HXBZX)

  

Graph of Virtus Tax-Exempt Bond A Fund (HXBZX) Portfolio TrackingVirtus Tax-Exempt Bond A (HXBZX) Fund Portfolio Allocation

Track portfolio allocation change of Virtus Tax-Exempt Bond A fund (HXBZX)

DateCashStockBondOther
03/20166.48%0%93.52%0%
12/20153%0%97%0%
09/20151.39%0%98.61%0%
Click here to see more historic asset allocation information on Virtus Tax-Exempt Bond A Fund (HXBZX)

 

graph of Virtus Tax-Exempt Bond A Fund (HXBZX) Top 10 Position TrackingTop 10 Holdings in Virtus Tax-Exempt Bond A (HXBZX) Fund

Discover what Virtus Tax-Exempt Bond A Fund (HXBZX) manager is buying

Mar 30, 2016
Missouri St Hwys & Trans Commn Ref St 5% [2.89%]
Metropolitan Wash D C Arpts Au Rev Bds [2.57%]
New York N Y City Mun Wtr Fin Rev 5.75% [2.53%]
Maryland St Go Ref Bd 4.5% [2.31%]
Texas St Go Bds 5% [1.96%]
New Jersey Econ Dev Auth 5% [1.74%]
De Kalb Cnty Ga Wtr & Sew Rev Juni 5.25% [1.65%]
Illinois St Toll Hwy Auth 5% [1.54%]
Harris Cnty Tex Health Facs De Hos 7.25% [1.47%]
Public Auth 6.25% [1.46%]

Dec 30, 2015
Missouri St Hwys & Trans Commn Ref St 5% [3%]
New York N Y City Mun Wtr Fin Rev 5.75% [2.64%]
Metropolitan Wash D C Arpts Au Rev Bds [2.57%]
Maryland St Go Ref Bd 4.5% [2.39%]
Jefferson Cnty Ala Ltd Obl S Schoo 0.01% [2.09%]
Texas St Go Bds 5% [2.03%]
Metropolitan Transn Auth 6.25% [1.86%]
New Jersey Econ Dev Auth 5% [1.8%]
De Kalb Cnty Ga Wtr & Sew Rev Juni 5.25% [1.71%]
Illinois St Toll Hwy Auth 5% [1.62%]

Sep 29, 2015
Missouri St Hwys & Trans Commn Ref St 5% [3.07%]
New York N Y City Mun Wtr Fin Rev 5.75% [2.72%]
Metropolitan Wash D C Arpts Au Rev Bds [2.51%]
Maryland St Go Ref Bd 4.5% [2.43%]
Jefferson Cnty Ala Ltd Obl S Schoo 0.01% [2.12%]
Texas St Go Bds 5% [2.05%]
Metropolitan Transn Auth 6.25% [1.92%]
New Jersey Econ Dev Auth 5% [1.82%]
De Kalb Cnty Ga Wtr & Sew Rev Juni 5.25% [1.72%]
Illinois St Toll Hwy Auth 5% [1.66%]
Click here for Stock Holding Change Map in Virtus Tax-Exempt Bond A Fund (HXBZX)

  

Latest News on Virtus Tax-Exempt Bond A (HXBZX) Fund

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Virtus Tax-Exempt Bond A Fund (HXBZX) Related ResourcesSee more information on Virtus Tax-Exempt Bond A (HXBZX) Fund

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