Aquila Tax Free Trust of Arizona Fund (AZTFX)
Under normal circumstances, at least 80% of the fund's net assets will be invested in municipal obligations that pay interest exempt, in the opinion of bond counsel, from Arizona state and regular Federal income taxes, the income paid upon which will not be subject to the Federal alternative minimum tax on individuals. These obligations can be of any maturity, but the fund's weighted average maturity has traditionally been between 5 and 15 years.
Fund Info
| ISIN | US03842A1034 |
|---|---|
| CUSIP | 03842A103 |
| Issuer | Aquila |
| Inception Date | Mar 12, 1986 |
| Category | Municipal Bonds |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
AZTFX has a high expense ratio of 0.73%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Aquila Tax Free Trust of Arizona Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Aquila Tax Free Trust of Arizona Fund had a return of -1.31% year-to-date (YTD) and 0.96% in the last 12 months. Over the past 10 years, Aquila Tax Free Trust of Arizona Fund had an annualized return of 1.55%, while the S&P 500 had an annualized return of 10.37%, indicating that Aquila Tax Free Trust of Arizona Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.31% | 5.57% |
| 1 month | -1.12% | -4.16% |
| 6 months | 4.85% | 20.07% |
| 1 year | 0.96% | 20.82% |
| 5 years (annualized) | 0.22% | 11.56% |
| 10 years (annualized) | 1.55% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.02% | 0.02% | -0.19% | |||||||||
| 2023 | -0.57% | 4.63% | 1.54% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of AZTFX is 12, indicating that it is in the bottom 12% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Aquila Tax Free Trust of Arizona Fund(AZTFX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Aquila Tax Free Trust of Arizona Fund (AZTFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Aquila Tax Free Trust of Arizona Fund granted a 2.60% dividend yield in the last twelve months. The annual payout for that period amounted to $0.25 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.26 | $0.21 | $0.23 | $0.25 | $0.14 | $0.31 | $0.30 | $0.33 | $0.36 | $0.38 | $0.38 |
Dividend yield | 2.60% | 2.67% | 2.20% | 2.14% | 2.27% | 1.33% | 2.96% | 2.80% | 3.12% | 3.35% | 3.48% | 3.61% |
Monthly Dividends
The table displays the monthly dividend distributions for Aquila Tax Free Trust of Arizona Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.02 | $0.02 | |||||||||
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2018 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 |
| 2017 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2013 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Aquila Tax Free Trust of Arizona Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Aquila Tax Free Trust of Arizona Fund was 18.16%, occurring on Oct 19, 1987. Recovery took 1103 trading sessions.
The current Aquila Tax Free Trust of Arizona Fund drawdown is 5.92%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.16% | Mar 9, 1987 | 161 | Oct 19, 1987 | 1103 | Jan 9, 1992 | 1264 |
| -14.3% | Oct 18, 1993 | 286 | Nov 21, 1994 | 664 | Jun 6, 1997 | 950 |
| -11.93% | Aug 6, 2021 | 308 | Oct 25, 2022 | — | — | — |
| -9.93% | Sep 12, 2008 | 25 | Oct 16, 2008 | 124 | Apr 16, 2009 | 149 |
| -8.62% | Mar 10, 2020 | 9 | Mar 20, 2020 | 92 | Jul 31, 2020 | 101 |
Volatility
Volatility Chart
The current Aquila Tax Free Trust of Arizona Fund volatility is 0.59%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.