fundvisualizer.com

Sierra Tactical Municipal InstitutionalSTMEX

Performance (before sales charge)

As of 03/31/2024

All information is historical and not indicative of future results. Current performance may be lower or higher than the quoted past performance, which cannot guarantee results. Share price, principal value, and return will vary, and you may have a gain or a loss when you sell your shares. Performance assumes reinvestment of distributions and does not account for taxes. After-sales-charge returns reflect the maximum sales charge applicable to the fund. Performance may not reflect any expense limitation or subsidies currently in effect. Short-term trading fees may apply. To obtain the most recent month-end performance, visit Morningstar.com.

Asset allocation

As of 03/31/2024
Stock
2.08%
Non-U.S. Stock
0.00%
Bond
90.39%
Non-U.S. Bond
4.79%
Preferred
0.02%
Convertible
0.00%
Cash
2.69%
Other
0.03%

Due to rounding, percentages may not equal 100%.

Sectors

As of 03/31/2024

Basic materials

0.00%

Consumer cyclical

0.00%

Financial services

0.00%

Real estate

0.00%

Consumer defensive

0.00%

Health care

0.00%

Utilities

0.00%

Communication services

0.00%

Energy

0.00%

Industrials

0.00%

Technology

0.00%

Top 10 holdings

As of 03/31/2024

Nuveen High Yield Municipal Bond I
16.73%
Invesco National AMT-Free Muni Bd ETF
10.62%
Nuveen Intermediate Duration Muni Bd I
10.53%
BlackRock Strategic Muni Opps Instl
9.94%
JPMorgan National Municipal Income I
9.53%
Russell Inv Tax-Exempt High Yield Bd S
6.55%
SPDR® Nuveen Blmbg Hi Yld Muncpl Bd ETF
6.24%
VanEck High Yield Muni ETF
5.71%
iShares National Muni Bond ETF
5.58%
Vanguard Tax-Exempt Bond ETF
2.94%
Fund assets

$286.34 Million

Share class

Inst

Morningstar category

High Yield Muni

Expense ratio

1.48%

Investment objective

Municipal Bond - National

Documents