Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Sit Tax-Free Income Y SNTYX
- NAV / 1-Day Return 8.87 / −0.34 %
- Total Assets 157.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.690%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 3.79%
- Effective Duration 5.80 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:30 PM GMT+0
Morningstar’s Analysis SNTYX
Will SNTYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Us Dollar | 4.38 | 6.6 Mil | Cash and Equivalents |
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV 2.5% | 1.62 | 2.4 Mil | municipal |
TEXAS ST DEPT HSG & CMNTY AFFAIRS RESIDENTIAL MTG REV 5.25% | 1.05 | 1.6 Mil | municipal |
TEXAS ST DEPT HSG & CMNTY AFFAIRS RESIDENTIAL MTG REV 5.125% | 1.04 | 1.6 Mil | municipal |
INDIANA ST HSG & CMNTY DEV AUTH SINGLE FAMILY REV 4.8% | 1.02 | 1.5 Mil | municipal |
MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV 2.75% | 0.97 | 1.5 Mil | municipal |
OHIO ST HSG FIN AGY RESIDENTIAL MTG REV 5.1% | 0.95 | 1.4 Mil | municipal |
TEXAS ST DEPT HSG & CMNTY AFFAIRS RESIDENTIAL MTG REV 3.125% | 0.93 | 1.4 Mil | municipal |
LOS ALAMITOS CALIF UNI SCH DIST CTFS PARTN 5.95% | 0.84 | 1.3 Mil | municipal |
OHIO ST HSG FIN AGY RESIDENTIAL MTG REV 2.45% | 0.83 | 1.2 Mil | municipal |