The Process Pillar is our assessment of how sensible, clearly defined, and repeatable COTFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the COTFX 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 COTFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Ceasing Coverage in July 2024
Ken Noguchi
Associate Analyst
Summary
Aquila Tax-Free Fund of Colorado in July 2024 will become MainStay MacKay Colorado Muni, at which point Morningstar will cease full analyst coverage of the strategy.