Ultra Short-term Mutual Fund Money Managers
SMAVX Fund | USD 9.65 0.01 0.10% |
Break down of Ultra Short-term's management performance can provide insight into the fund's overall performance. Note that fund manager's attribution analysis is becoming a valuable factor that both investors and analysts use to determine the amount of risk that may be associated with Ultra Short-term's future under-performance.
Ultra |
Symbol | SMAVX |
Name | Ultra Short Term Municipal |
Type | Mutual Fund |
Country | United States |
Exchange | NMFQS |
Information on Ultra Short Term Municipal Leadership is currently not available.
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Ultra Short-term Net Asset Comparison
Ultra Short Term Municipal is rated top fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni National Short category is currently estimated at about 3.88 Billion. Ultra Short-term totals roughly 844 Million in net asset claiming about 22% of funds under Muni National Short category.
Ultra Short Term Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. Ultra Short Term Price Series Summation is a cross summation of Ultra Short-term price series and its benchmark/peer.
About Ultra Short-term Management Performance
The success or failure of an entity such as Ultra Short Term often depends on how effective the management is. Ultra Short-term management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Ultra management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Ultra management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
The fund normally invests at least 80 percent of the funds net assets in municipal securities whose interest is exempt from federal income tax, but not necessarily federal alternative minimum tax . It invests up to 20 percent of the funds total assets in securities whose interest is subject to federal AMT. While the fund may purchase securities of any maturity, under normal circumstances, the advisor expects the funds dollar-weighted average effective maturity to be 1 year or less.
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Other Information on Investing in Ultra Mutual Fund
Ultra Short-term financial ratios help investors to determine whether Ultra Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ultra with respect to the benefits of owning Ultra Short-term security.
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