Address And Details
PO Box 1149 , Lexington, KY 40507 | |
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Fund Manager | Vincent Harrison |
Manager Tenure | 11 Years 6 Months |
Strategy And Objective
The Fund seeks to provide a high and stable level of taxable income derived from taxable municipal bonds without incurring undue risk to principal. The Fund seeks to provide a steady flow of taxable income derived from taxable municipal securities of investment grade quality (those rated BBB or Baa or higher by U.S. nationally recognized rating services at the time of purchase) with a weighted average nominal maturity normally greater than 10 years. The Fund generally purchases taxable municipal bonds with nominal maturities typically ranging from 10 30 years. The weighted average nominal maturity of the Fund s portfolio will normally average between 10 30 years. Maintaining a steady stream of taxable income is a primary objective of the Fund.
Equity Sector Breakdown
ConsumerDurables | n/a | |
Energy | n/a | |
Finance | n/a | |
Health | n/a | |
IndustrialCyclical | n/a | |
NonDurables | n/a | |
RetailTrade | n/a | |
Services | n/a | |
Technology | n/a | |
Utilities | n/a |
Asset Allocation
Asset Type | % Of Allocation | |
---|---|---|
Bonds | 98.88% | |
Other | 1.12% | |
Stocks | 0.00% | |
Cash | 0.00% | |
Preferred | 0.00% | |
Convertible | 0.00% | |
ForeignStocks | 0.00% | |
ForeignBonds | 0.00% | |
ForeignHedged | 0.00% |
Total Net Assets | 10.10 M |
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Risk Measures
Criteria | 3 Years | 5 Years | 10 Years |
---|---|---|---|
Alpha | -2.04 | -1.26 | 0.13 |
Beta | 1.02 | 0.97 | 0.95 |
R Squared | 0.58 | 0.58 | 0.57 |
Std Deviation | 6.69 | 5.37 | 4.92 |
Sharpe Ratio | -0.31 | -0.09 | n/a |
Purchase Information
as of 3:49 PM ET 05/20/2022Minimum Initial | $100 |
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Minimum Additional | $0 |
Minimum Initial IRA | $0 |
Performance
Timeframe | Average Annual Current Performance Monthly As Of 04/30/2022 | Average Annual Current Performance Quarterly As Of 03/31/2022 | Avg Annual Current Performance Monthly As Of 04/30/2022 | Avg Annual Current Performance Quarterly As Of 03/31/2022 |
---|---|---|---|---|
1 Year |
|
|
-12.25% | -3.66% |
3 Year |
|
|
-1.49% | +0.94% |
10 Year |
|
|
+2.67% | +3.67% |
Life Of Fund |
|
|
+3.55% | +4.25% |