Frost Municipal Bond Fund Class Institutional (FIMUX)

10.58
Net Asset Value
+0.09%
1 Day
+2.52%
Year-to-Date
Overall Morningstar Rating
Muni national interm
Style or Category
No Load
Sales Expenses
0.54%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks to provide a consistent level of current income exempt from federal income tax with a secondary emphasis on maximizing total return through capital appreciation. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in municipal securities that generate income exempt from federal income tax, but not necessarily the federal alternative minimum tax ("AMT"). These securities include securities of municipal issuers located in Texas as well as in other states, territories and possessions of the United States. The fund may invest more than 25% of its total assets in bonds of issuers in Texas.

Performance

1 month+0.13% 3 years+2.98%
3 months+0.92% 5 years+3.18%
1 year+5.12% Since inception+3.70%
Data through --

Peer Comparisonvs. Muni national interm

 FIMUXCategory
Performance 5-yr return+3.18%+4.96%
Expense ratio0.54%0.83%
Risk 5 year sharpe ratio1.211.15
Net assets$217.8M$1.6B
Average market cap----
Average P/E----
Portfolio turnover10%10%

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Fund Management and Purchase Info

Fund familyFrost Funds
Fund manager & tenureJeffery Elswick / 26 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income94.26%
Cash5.74%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- San Antonio Tex Pub Facs Corp Impt An 5%1.68%
-- Virginia St Hsg Dev Auth 2.15%1.49%
-- Olmos Park Tex Higher Ed Facs Higher 2%1.47%
-- Northside Tex Indpt Sch Dist 1.35%1.41%
-- New York N Y Go Bds 5%1.35%
-- Love Field Arpt Modernization Rev 5.25%1.28%
-- Railsplitter Tob Settlement Au Tob 5.25%1.21%
-- Utah St Go Bds 5%1.15%
-- Ohio State Infrastru 3%1.15%
-- California St Go Bds 5%1.12%

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