Morningstar

Viking Tax-Free for Montana I VMTIX

Morningstar Medalist Rating
Medalist Rating as of | See Integrity Investment Hub
  • NAV / 1-Day Return 9.24  /  +0.13 %
  • Total Assets 60.7 Mil
  • Adj. Expense Ratio
    0.730%
  • Expense Ratio 0.730%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Muni Single State Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.96%
  • Effective Duration —

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 9:48 PM GMT+0

Morningstar’s Analysis VMTIX

Will VMTIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VMTIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VMTIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VMTIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Viking Tax-Free for Montana I's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings VMTIX

More VMTIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SILVER BOW CNTY MONT SCH DIST NO 1 BUTTE 4%

3.31 2.0 Mil
municipal

YELLOWSTONE-CARBON CNTY MONT SCH DIST NO 7-70 5%

2.58 1.5 Mil
municipal

MONTANA FAC FIN AUTH REV 4%

2.54 1.5 Mil
municipal

MONTANA ST BRD HSG SINGLE FAMILY MTG 4.45%

2.41 1.4 Mil
municipal

BILLINGS MONT SOLID WASTE SYS REV 3.5%

2.37 1.4 Mil
municipal

MONTANA ST BRD HSG SINGLE FAMILY MTG 4.8%

2.29 1.4 Mil
municipal

LAKE MISSOULA & SANDERS CNTYS MONT ELEM SCH DIST NO JT & 8 ARLEE 5%

2.22 1.3 Mil
municipal

GALLATIN CNTY MONT 5%

1.75 1.0 Mil
municipal

MONTANA FAC FIN AUTH HEALTH CARE FACS REV 5%

1.72 1.0 Mil
municipal

MONTANA FAC FIN AUTH HEALTH FACS REV 5%

1.71 1.0 Mil
municipal

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