Aberdeen Ultra Short Municipal Income Fund Institutional Class ATOIX:NASDAQ

Net Asset Value$10.04Previous Close - 11/21/2019
1-Day Change0.00(0.00%)
YTD Change0.00(0.00%)
This fund is not available for purchase through Ally Invest

Growth of $10,000 Since Fund Inception

View portfolioPortfolio as of 06/30/2019

Top 5 SectorsTop 5 Holdings
  
General Obligation Notes/Bonds92.91%
  
  
  
  
Concentration of Top 50.00% Concentration of Top 592.91% 

Fund Profile

Fund Strategy

The Fund seeks high after-tax current income consistent with preservation of capital. The Fund invests in a combination of municipal obligations that pay interest that is free from federal income tax, and taxable debt obligations. The Fund is expected to maintain a portfolio maturity range from three to five years.

Fund Category Short/Intermediate Tax-Exempt
Inception Date 12/06/2002
Manager Mondillo/Taylor/Paisley
Fund Classification Short Municipal Debt Funds
Managed Since 2015
Other Managed Funds   AHYMX  ATOAX  AAHMX  ATOBX

Lipper Leader Scorecard as of 10/31/2019

RatingTotal
Return
Consistent
Return
PreservationTax
Efficiency
Expense*
Overall Rating(# of funds in category)
113

113

5,870

113

54
3 Year Rating(# of funds in category)
113

113

5,870

113

54
5 Year Rating(# of funds in category)
99

99

5,111

99

45
10 Year Rating(# of funds in category)
67

67

3,301

67

28

Fund Highlights

Total Expense Ratio0.45%
Average Market CapitallizationN/A
Net Asset ValueN/A
Total Net Assets$689.6 M
Sales ExpensesInstitutional Load Fund
Minimum Initial Investment$1000000
Minimum IRA InvestmentN/A
AvailabilityOpen to New Investors
Current Yield1.50%
Dividend Ex-Date10/31/2019

Risk Analysis

Beta vs. S&P 5000.01
R-Squared vs. S&P 5000.06
Standard Deviation0.15%
Sharpe Ratio-2.17
Portfolio TurnoverN/A