News
Mutual Funds Weekly Roundup: August 2
Brian Mathews
|
MutualFunds.com provides weekly information about any material impact on the mutual funds industry...
Welcome to MutualFunds.com
Please help us personalize your experience and select the one that best describes you.
Your personalized experience is almost ready.
Thank you!
Check your email and confirm your subscription to complete your personalized experience.
Thank you for your submission
We hope you enjoy your experience
Find the latest content and information here about the 2019 Charles Schwab Impact Conference.
18 Most Popular Mutual Fund Categories
View All Categories
15 Most Popular Fund Company Quick Screens
View All Fund Company Quick Screens
Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.
Content focused on helping financial advisors build successful client relationships and grow their business.
Content geared towards helping financial advisors build better client portfolios.
Get insights on the industry trends and investment news from leading fund managers and experts.
The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in securities the income from which, in the opinion of counsel to the issuer of each security, is exempt from regular federal individual and, as applicable, the fund's state income tax. It invests in municipal securities issued by the governments of states, their political subdivisions and the District of Columbia, U.S. territories, commonwealths and possessions or by their agencies, instrumentalities and authorities. The fund will not invest more than 5% of its net assets in securities that produce income subject to the AMT.
Receive email updates about best performers, news, CE accredited webcasts and more.
| Period | STMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.0% | -31.4% | 945.6% | 54.63% |
| 1 Yr | N/A | -25.1% | 973.3% | 75.64% |
| 3 Yr | N/A* | -10.3% | 120.3% | 23.50% |
| 5 Yr | N/A* | -5.3% | 60.2% | 22.70% |
| 10 Yr | N/A* | -5.1% | 3.6% | N/A |
* Annualized
| Period | STMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | N/A | -1.7% | 18.3% | N/A |
| 2018 | N/A | -12.4% | 0.8% | N/A |
| 2017 | N/A | -6.0% | 20.3% | N/A |
| 2016 | N/A | -7.8% | 8.6% | N/A |
| 2015 | N/A | -18.3% | 3.0% | N/A |
| Period | STMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.0% | -31.4% | 945.6% | 54.63% |
| 1 Yr | N/A | -25.1% | 973.3% | 74.40% |
| 3 Yr | N/A* | -7.5% | 120.3% | 26.04% |
| 5 Yr | N/A* | -5.3% | 60.2% | 25.85% |
| 10 Yr | N/A* | -5.1% | 6.8% | N/A |
* Annualized
| Period | STMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | N/A | -1.7% | 18.3% | N/A |
| 2018 | N/A | -11.7% | 3.1% | N/A |
| 2017 | N/A | -6.0% | 27.0% | N/A |
| 2016 | N/A | -7.8% | 10.7% | N/A |
| 2015 | N/A | -14.2% | 4.2% | N/A |
| STMUX | Category Low | Category High | STMUX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.57 B | 634 K | 264 B | 30.96% |
| Number of Holdings | 651 | 1 | 17920 | 26.09% |
| Net Assets in Top 10 | 350 M | -587 M | 20.8 B | 24.12% |
| Weighting of Top 10 | 22.34% | 2.3% | 100.0% | 45.58% |
| Weighting | Return Low | Return High | STMUX % Rank | |
|---|---|---|---|---|
| Bonds | 103.71% | 71.08% | 159.74% | 5.15% |
| Stocks | 0.00% | -0.38% | 18.10% | 59.91% |
| Preferred Stocks | 0.00% | 0.00% | 9.11% | 63.96% |
| Other | 0.00% | -27.60% | 31.83% | 59.63% |
| Convertible Bonds | 0.00% | 0.00% | 7.31% | 77.33% |
| Cash | -3.71% | -59.74% | 27.48% | 94.04% |
| Weighting | Return Low | Return High | STMUX % Rank | |
|---|---|---|---|---|
| Municipal | 97.10% | 0.00% | 100.11% | 31.81% |
| Cash & Equivalents | 2.90% | -26.49% | 24.02% | 45.77% |
| Derivative | 0.00% | -0.83% | 31.72% | 62.41% |
| Securitized | 0.00% | 0.00% | 98.72% | 79.48% |
| Corporate | 0.00% | 0.00% | 99.41% | 83.25% |
| Government | 0.00% | -2.21% | 100.00% | 81.10% |
| Weighting | Return Low | Return High | STMUX % Rank | |
|---|---|---|---|---|
| US | 103.71% | 58.40% | 156.78% | 3.14% |
| Non US | 0.00% | -38.91% | 29.50% | 92.10% |
| STMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.50% | 0.01% | 34.57% | 80.08% |
| Management Fee | 0.40% | 0.00% | 1.25% | 56.02% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
| STMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.50% | 5.75% | N/A |
| Deferred Load | N/A | 0.25% | 5.50% | N/A |
| STMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| STMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 69.00% | 0.00% | 489.00% | 66.14% |
| STMUX | Category Low | Category High | STMUX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.36% | 0.00% | 6.20% | 16.89% |
| STMUX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
| STMUX | Category Low | Category High | STMUX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.05% | -0.71% | 6.02% | 77.78% |
| STMUX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
| Date | Amount |
|---|---|
| Jul 23, 2019 | $0.007 |
| Jun 25, 2019 | $0.007 |
| May 29, 2019 | $0.000 |
Start Date
Tenure
Tenure Rank
Dec 06, 2010
9.41
9.4%
Mr. Pulire has been a Vice President and Senior Portfolio Manager of OppenheimerFunds, Inc since February 2013. He was an Assistant Vice President and an Associate Portfolio Manager of the Sub-Adviser from December 2010 to January 2013. He was a Research Analyst with the Sub-Adviser from February 2008 to November 2010 and was a Credit Analyst with the Sub-Adviser from May 2006 to January 2008. Mr. Pulire is a portfolio manager, an officer and a trader for the Fund and other Oppenheimer funds.
Start Date
Tenure
Tenure Rank
Jun 21, 2019
0.86
0.9%
Mark Paris is Chief Investment Officer and Head of Municipal Strategies for Invesco Fixed Income. In this capacity, he is responsible for the oversight and implementationof all municipal bond strategies. Mr. Paris entered the financial industry in 1990 and joined Invesco in 2010 when the firm combined with Van Kampen investments. Prior to joining the firm, Mr. Paris was a trader and then a portfolio manager on the muncipal fixed income team at Morgan Stanley/Van Kampen, which he joing in 2002. He also was previously a trader and portfolio manager at Oppenheimer Funds, head underwriter at Chase Manhattan Bank, and a trader and underwriter at NatWest Bank. Mr. Paris earned a BBA in finance from Baruch College of the City University of New York.
Start Date
Tenure
Tenure Rank
Dec 20, 2019
0.36
0.4%
Julius Williams is a Senior Portfolio Manager for Invesco municipal strategies. Mr. Williams entered the industry in 2000. Prior to joining Invesco, he was a portfolio manager and trader for municipal funds at Van Kampen. He joined Invesco in 2010 when the firm combined with Van Kampen. Mr. Williams earned a BA degree in economics and sociology, and a Master of Education degree in educational psychology from the University of Virginia.
Start Date
Tenure
Tenure Rank
Dec 20, 2019
0.36
0.4%
Mr. O'Reilly joined Invesco in 2010 when the firm combined with Van Kampen, where he served as a senior unit trust fixed income portfolio manager, with responsibilities that included fixed income trading, risk management and credit analysis. He has a diverse knowledge base, with trading experience in municipals, corporates and equities. He joined Van Kampen in 2001. Mr. O'Reilly earned a BS degree in finance from Eastern Illinois University and an MBA in finance from the University of Illinois at Chicago. He holds the Series 7, 63 and 79 registrations."
Start Date
Tenure
Tenure Rank
Dec 20, 2019
0.36
0.4%
Rebecca Setcavage, Portfolio Manager, has been associated with Invesco and/or its affiliates since 2019. Prior to that, Ms. Setcavage was associated with OppenheimerFunds, a global asset management firm, since 2017. From 2004 to 2017, she was employed by T. Rowe Price where she last served as a Portfolio Investment Analyst.
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 33.44 | 7.42 | 0.33 |
News
Brian Mathews
|
MutualFunds.com provides weekly information about any material impact on the mutual funds industry...
News
Iuri Struta
|
Check out the mutual funds that moved in a significant manner over the...
News
Iuri Struta
|
Every fortnight, MutualFunds.com provides a snapshot of the performance of some key mutual...
TAXATION
For mutual fund investors, taxes are inevitable. Even if you’re a long-term buy...
MUTUAL FUND EDUCATION
Many investors assume that changes in a mutual fund’s net asset value (NAV)...
MUTUAL FUND EDUCATION
For investors looking to add mutual funds to their portfolio, they need to...
Receive email updates about best performers, news, CE accredited webcasts and more.
Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.