Morningstar

Tributary Nebraska Tax-Free Instl Plus FONPX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Tributary Investment Hub

Morningstar’s Analysis FONPX

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

  • People Pillar

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

Tributary Nebraska Tax-Free Instl Plus boasts strong People and Process Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Sponsor Center