Alpine Ultra Short Municipal Income Fund Institutional Class (ATOIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Muni national short
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks high after-tax current income consistent with preservation of capital. The fund invests its assets in a combination of tax-exempt obligations and taxable debt obligations. Under normal circumstances, it invests at least 80% of its net assets in tax-exempt obligations. The fund's average portfolio maturity, at the time of investment, will range from 30 days to 3 years. The obligations must, at the time of purchase, be rated investment grade, as determined by the various rating agencies, or if unrated, of comparable quality as determined by the Adviser.


1 month+0.03% 3 years+0.56%
3 months+0.14% 5 years+0.98%
1 year+0.53% Since inception+2.36%
Data through --

Peer Comparisonvs. Muni national short

Performance 5-yr return+0.98%+1.68%
Expense ratio0.89%0.73%
Risk 5 year sharpe ratio4.361.37
Net assets$1.0B$2.1B
Average market cap----
Average P/E----
Portfolio turnover168%168%

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Fund Management and Purchase Info

Fund familyAlpine
Fund manager & tenureSteven Shachat / 12 Years
Minimal initial investment$250,000.00
Minimum IRA investment$250,000.00


Fixed income76.11%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Mississippi Busn Fin Corp Var Rev B5.97%
-- Chicago Ill Brd Ed Ctfs5.58%
-- Reset Opt Ctfs Tr Ii-R Var Sts Ctfs5.24%
-- California Pollutn Ctl Fing Au Var 1.3%3.52%
-- New Jersey Econ Dev Auth3.19%
-- Miami-Dade Cnty Fla Expwy Auth2.99%
-- Chicago Ill Sales Tax Rev Rev Bds2.71%
-- Mission Tex Econ Dev Corp Rev Ref B 0.7%2.64%
-- Florida Dev Fin Corp Healthcar Var Rev B2.64%
-- Phoenix Ariz Indl Dev Auth 0.53%2.64%

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