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Morningstar

State Farm Municipal Bond SFBDX

Morningstar Medalist Rating
Medalist Rating as of | See State Farm Investment Hub
  • NAV / 1-Day Return 8.06  /  +0.13 %
  • Total Assets 532.8 Mil
  • Adj. Expense Ratio
    0.170%
  • Expense Ratio 0.170%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 3.10%
  • Effective Duration —

USD | NAV as of Jul 02, 2024 | 1-Day Return as of Jul 02, 2024, 10:17 PM GMT+0

Morningstar’s Analysis SFBDX

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

  • People Pillar

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

State Farm Municipal Bond earns a Morningstar Medalist Rating of Neutral with strength in areas such as Process offset by weaker spots such as People.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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

by Morningstar Manager Research
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Portfolio Holdings SFBDX

More SFBDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

VIRGINIA ST HSG DEV AUTH COMWLTH MTG 3.9%

1.02 5.6 Mil
municipal

METROPOLITAN COUNCIL MINN MINNEAPOLIS-ST PAUL MET AREA 3.75%

1.01 5.5 Mil
municipal

MISSOURI ST HWYS & TRANS COMMN ST RD REV 5%

1.01 5.5 Mil
municipal

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 2%

1.01 5.5 Mil
municipal

KANSAS ST DEPT TRANSN HWY REV 5%

0.97 5.3 Mil
municipal

KING CNTY WASH SCH DIST NO 414 LAKE WASHINGTON 4%

0.94 5.1 Mil
municipal

ENERGY NORTHWEST WASH ELEC REV 5%

0.94 5.1 Mil
municipal

COUNTY WTR-SWR DIST COLLIER CNTY FLA WTR REV 3%

0.93 5.0 Mil
municipal

KING CNTY WASH SCH DIST NO 405 BELLEVUE 3%

0.92 5.0 Mil
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%

0.78 4.3 Mil
municipal