Aberdeen Ultra Short Municipal Income Fund Institutional Class (ATOIX)

10.04
Net Asset Value
0.00%
1 Day
+0.10%
Year-to-Date
Overall Morningstar Rating
Muni national short
Style or Category
No Load
Sales Expenses
0.70%
Expense Ratio
Low
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 be two years or less. The obligations in which the fund invests must- at the time of investment- be rated investment grade- as determined by the various rating agencies- or if unrated- of comparable quality as determined by the Adviser.

Performance

1 month+0.15% 3 years+0.83%
3 months+0.36% 5 years+0.70%
1 year+1.13% Since inception+2.01%
Data through --

Peer Comparisonvs. Muni national short

 ATOIXCategory
Performance 5-yr return+0.70%+0.70%
Expense ratio0.70%0.67%
Risk 5 year sharpe ratio1.770.06
Net assets$994.4M$2.0B
Average market cap----
Average P/E----
Portfolio turnover214%214%

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Fund Management and Purchase Info

Fund familyAberdeen
Fund manager & tenureJonathan Mondillo / 3 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income86.71%
Cash13.29%
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
-- 6.26%
-- 4.40%
-- 4.15%
-- 2.98%
-- 2.39%
-- 2.37%
-- 2.28%
-- 1.99%
-- 1.88%
-- 1.81%