Mutual Fund Insights: Tax-Free Fund for UT Y Fund (UTAYX)

In-depth Analysis of Tax-Free Fund for UT Y Fund (UTAYX)

3 months 6 months 1 year 3 year 5 year

See Tax-Free Fund for UT Y Fund (UTAYX) performance details as of January 31, 2010

  

Last Trade: $9.80 on 3/12/2010, Change: 0.00 (0%)

  

Fund Manager - Todd W. Curtis

Fund Manager Tenure: 0.8 years   [Similar Funds: UTACX  UTAHX ]
Fundmojo Fund Grade: N/A (Score: *manager is new*)     (What does this score mean?)

Curtis worked with Aquila Investment Management, his employer since 2004. Previously, he had been a vice president and senior portfolio manager with Banc One Investment Advisors since 1993. Prior to that, he spent 12 years with Valley National Bank as a portfolio manager, vice president, and trust-securities trading manager. Curtis is a member of the Phoenix Society of Financial Analysts. Curtis holds the Chartered Financial Analyst designation and is a member of the Phoenix Society of Financial Analysts.  Get more insights on Todd W. Curtis

  

 What we like about Tax-Free Fund for UT Y Fund (UTAYX)

Data for Tax-Free Fund for UT Y Fund (UTAYX) as of January 31, 2010

• Tax-Free Fund for UT Y Fund (UTAYX) is a new fund and has been performing well against its peers for both one-month and three_month performance
• Tax-Free Fund for UT Y Fund (UTAYX) has good short-term performance (1-year return 12.79% vs 7.50% Muni Single State Interm category average)
• Tax-Free Fund for UT Y Fund (UTAYX) has good Long-term performance (5-year return 3.57% vs 3.23% Muni Single State Interm category average)
• Tax-Free Fund for UT Y Fund (UTAYX) ratio of up-years vs down years is greater than 2
• Tax-Free Fund for UT Y Fund (UTAYX) has a Morningstar rating of 4 and above
• Tax-Free Fund for UT Y Fund (UTAYX) has an annual stock turnover rate of 24.64% vs Muni Single State Interm average of 25.43%. It is good that Tax-Free Fund for UT Y management does not trade extensively for its return.
• Tax-Free Fund for UT Y Fund (UTAYX) has a lower management fee than its Muni Single State Interm average: 0.62% vs 0.92%
• Tax-Free Fund for UT Y Fund (UTAYX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Tax-Free Fund for UT Y Fund (UTAYX)

Data for Tax-Free Fund for UT Y Fund (UTAYX) as of January 31, 2010

• Tax-Free Fund for UT Y Fund (UTAYX) management has been with Tax-Free Fund for UT Y Fund for only 0.8 years, it is hard to judge manager's ability based on this fund's operation record
• Tax-Free Fund for UT Y Fund (UTAYX) has a less-than-ideal mid-term performance (3-year return 3.53% vs 3.77% Muni Single State Interm category average)
• Tax-Free Fund for UT Y Fund (UTAYX) does not have a good risk adjusted return as its 3-year Alpha of -1.48 is worse than category average of -0.56, and its 3-year Sharpe ratio is 0.24
• Tax-Free Fund for UT Y Fund (UTAYX) is more volatile than its peers as it has a 3-year Standard Deviation of 7.27 that is higher than category average of 5.57

See Tax-Free Fund for UT Y Fund (UTAYX) performance details as of January 31, 2010

  

  

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Tax-Free Fund for UT Y Fund (UTAYX) Net Asset

Track net asset change of Tax-Free Fund for UT Y fund (UTAYX)

Date	Net Asset
01/2010	$59.15M
11/2009	$53.42M
10/2009	$53.90M

More historic net asset information on Tax-Free Fund for UT Y Fund (UTAYX)

  

Tax-Free Fund for UT Y Fund (UTAYX) Portfolio Allocation

Track portfolio allocation change of Tax-Free Fund for UT Y fund (UTAYX)

Date	Cash	Stock	Bond	Other
06/2009	1.2%	0%	98.8%	0%
04/2009	0.47%	0%	99.53%	0%
12/2008	0.62%	0%	99.38%	0%

Click here to see more historic asset allocation information on Tax-Free Fund for UT Y Fund (UTAYX)

  

Most Recent Top 10 Holdings in Tax-Free Fund for UT Y Fund (UTAYX)

Discover what Tax-Free Fund for UT Y Fund (UTAYX) manager is buying

30-Jun-09 Twin Creeks Utah Spl Svc Dist 7.25% [4.59%] Utah St Charter Sch Fin Auth [3.09%] Utah St Charter Sch Fin Auth 7.25% [2.78%] UTAH ST CHARTER SCH FIN AUTH C REV BDS [2.73%] Utah Charter Sch Fin(8%) [2.71%] Utah St Charter Sch Fin Auth 6.75% [2.26%] Utah St Charter Sch Fin Auth 6.75% [1.85%] Univ Utah Ctfs Partn Cops 4.35% [1.23%] Wyoming Cmnty Dev Auth 5.625% [1.15%] La Vernia Tx (6.5%) [1.12%]

30-Apr-09 Twin Creeks Utah Spl Svc Dist 7.25% [4.81%] Utah St Charter Sch Fin Auth [3.25%] UTAH ST CHARTER SCH FIN AUTH C REV BDS [2.88%] Utah Charter Sch Fin(8%) [2.86%] Utah St Charter Sch Fin Auth 7.25% [2.84%] Utah St Charter Sch Fin Auth 6.75% [2.39%] Utah St Charter Sch Fin Auth 6.75% [1.89%] Univ Utah Ctfs Partn Cops 4.35% [1.31%] La Vernia Tx (6.5%) [1.14%] Utah Wtr Fin Agy Rev Rev Bds 5% [1.09%]

31-Dec-08 Twin Creeks Utah Spl Svc Dist 7.25% [5.2%] Utah St Charter Sch Fin Auth [2.89%] Utah St Charter Sch Fin Auth 6.75% [2.6%] UTAH ST CHARTER SCH FIN AUTH C ENTHEOS A [1.94%] Utah Tran Auth 4.125% [1.45%] Univ Utah Ctfs Partn Cops 4.35% [1.31%] LA VERNIA TX (6.5%) [1.17%] Utah Wtr Fin Agy Rev Rev Bds 5% [1.14%] Waco Tex Ctfs Obli 4.5% [1.09%] Utah St Charter Sch Fin Auth 6.25% [1.02%]

Click here for Stock Holding Change Map in Tax-Free Fund for UT Y Fund (UTAYX)

  

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See more information on Tax-Free Fund for UT Y Fund (UTAYX)

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