Morningstar

Six Circles Tax Aware Ult Shr Dur CUTAX

Morningstar Medalist Rating
Medalist Rating as of | See Six Circles Investment Hub
  • NAV / 1-Day Return 9.94  /  0.00
  • Total Assets 760.4 Mil
  • Adj. Expense Ratio
    0.150%
  • Expense Ratio 0.150%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.30%
  • Effective Duration —

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 12:29 AM GMT+0

Morningstar’s Analysis CUTAX

Will CUTAX 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 CUTAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CUTAX 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 CUTAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Six Circles Tax Aware Ult Shr Dur's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings CUTAX

More CUTAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 38.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Sept 24

21.28 154.2 Mil
Government

LOUISIANA ST CITIZENS PPTY INS CORP ASSMT REV 5%

2.27 16.5 Mil
municipal

UNIVERSITY TEX UNIV REVS 3.85%

2.21 16.0 Mil
municipal

ORLANDO FLA UTILS COMMN UTIL SYS REV 4.15%

2.14 15.5 Mil
municipal

OHIO ST HOSP FAC REV 3.85%

1.93 14.0 Mil
municipal

LOS ANGELES CNTY CALIF 5%

1.93 14.0 Mil
municipal

CHELAN CNTY WASH PUB UTIL DIST NO 001 CONS REV 3.85%

1.82 13.2 Mil
municipal

ROCHESTER MINN HEALTH CARE FACS REV 3.7%

1.79 13.0 Mil
municipal

ARIZONA BRD REGENTS ARIZ ST UNIV SYS REV 3.85%

1.72 12.5 Mil
municipal

HOUSTON TEX UTIL SYS REV 3.93%

1.71 12.4 Mil
municipal

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