Morningstar Municipal Financials
| MSTPX Fund | USD 10.03 0.02 0.20% |
Morningstar |
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.
Morningstar Municipal Fund Summary
Morningstar Municipal competes with Rational/pier, Calamos Dynamic, Fidelity Sai, Gabelli Convertible, and Virtus Convertible. The fund will invest at least 80 percent of its net assets, plus borrowings for investment purposes, in securities of municipal issuers within the United States and its territories, the income of which is exempt from U.S. taxation. The Advisor intends to invest primarily in investment-grade municipal securities. The fund may also invest in derivatives, including options, futures, swaps, and inverse floating-rate debt instruments , for risk management purposes or as part of its investment strategies.Specialization | Muni National Interm, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Morningstar Funds Trust |
| Mutual Fund Family | Morningstar |
| Mutual Fund Category | Muni National Interm |
| Benchmark | Dow Jones Industrial |
| Phone | 202 551 8090 |
| Currency | USD - US Dollar |
Morningstar Municipal Key Financial Ratios
Morningstar Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Morningstar Municipal's current stock value. Our valuation model uses many indicators to compare Morningstar Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Morningstar Municipal competition to find correlations between indicators driving Morningstar Municipal's intrinsic value. More Info.Morningstar Municipal Bond is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 1,042 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Morningstar Municipal's earnings, one of the primary drivers of an investment's value.Morningstar Municipal Systematic Risk
Morningstar Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Morningstar Municipal volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Morningstar Municipal correlated with the market. If Beta is less than 0 Morningstar Municipal generally moves in the opposite direction as compared to the market. If Morningstar Municipal Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Morningstar Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Morningstar Municipal is generally in the same direction as the market. If Beta > 1 Morningstar Municipal moves generally in the same direction as, but more than the movement of the benchmark.
Morningstar Municipal Thematic Clasifications
Morningstar Municipal Bond is part of Munis Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds of local and national municipal bonds. Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities
This theme covers Funds of local and national municipal bonds. Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities. Get More Thematic Ideas
Morningstar Municipal Bond is number one fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni National Interm category is currently estimated at about 2.1 Billion. Morningstar Municipal retains roughly 240.61 Million in net asset claiming about 11% of funds under Muni National Interm category.| Munis Funds | View |
Morningstar Municipal November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Morningstar Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Morningstar Municipal Bond. We use our internally-developed statistical techniques to arrive at the intrinsic value of Morningstar Municipal Bond based on widely used predictive technical indicators. In general, we focus on analyzing Morningstar Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Morningstar Municipal's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.383 | |||
| Information Ratio | (0.44) | |||
| Maximum Drawdown | 1.1 | |||
| Value At Risk | (0.30) | |||
| Potential Upside | 0.2982 |
Other Information on Investing in Morningstar Mutual Fund
Morningstar Municipal financial ratios help investors to determine whether Morningstar 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 Morningstar with respect to the benefits of owning Morningstar Municipal security.
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