Aquila Tax-Free Fund For Utah (UTAHX)
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 Utah state individual 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. It is non-diversified.
Fund Info
US03842A8229
03842A822
Jul 23, 1992
$1,000
Expense Ratio
UTAHX features an expense ratio of 0.87%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Aquila Tax-Free Fund For Utah, 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 Fund For Utah had a return of 0.41% year-to-date (YTD) and 1.69% in the last 12 months. Over the past 10 years, Aquila Tax-Free Fund For Utah had an annualized return of 1.48%, while the S&P 500 had an annualized return of 11.31%, indicating that Aquila Tax-Free Fund For Utah did not perform as well as the benchmark.
UTAHX
0.41%
0.83%
0.50%
1.69%
0.07%
1.48%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of UTAHX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.41% | 0.41% | |||||||||||
| 2024 | -0.02% | 0.08% | -0.41% | -0.64% | -0.53% | 1.05% | 0.81% | 0.52% | 1.07% | -1.15% | 1.23% | -0.93% | 1.05% |
| 2023 | 2.17% | -2.08% | 1.86% | -0.34% | -0.95% | 0.70% | 0.08% | -0.85% | -2.31% | -0.79% | 4.77% | 1.77% | 3.86% |
| 2022 | -2.60% | -0.45% | -2.77% | -2.25% | 1.40% | -1.36% | 2.25% | -2.06% | -3.15% | -0.46% | 3.74% | 0.26% | -7.44% |
| 2021 | 0.25% | -1.35% | 0.25% | 0.72% | 0.24% | 0.14% | 0.62% | -0.33% | -0.80% | -0.14% | 0.71% | 0.05% | 0.35% |
| 2020 | 1.33% | 1.01% | -2.06% | -0.87% | 2.88% | 0.26% | 0.92% | -0.31% | -0.12% | -0.21% | 0.91% | 0.35% | 4.09% |
| 2019 | 0.81% | 0.49% | 0.99% | 0.11% | 1.18% | 0.39% | 0.68% | 1.25% | -0.66% | 0.11% | 0.09% | 0.29% | 5.85% |
| 2018 | -1.04% | -0.39% | 0.22% | -0.28% | 0.91% | 0.01% | 0.21% | 0.11% | -0.58% | -0.57% | 1.01% | 1.21% | 0.78% |
| 2017 | 0.28% | 0.50% | 0.34% | 0.69% | 1.29% | -0.35% | 0.51% | 0.72% | -0.47% | 0.12% | -0.45% | 0.87% | 4.13% |
| 2016 | 1.28% | 0.10% | 0.22% | 0.58% | 0.11% | 1.61% | -0.06% | 0.10% | -0.44% | -0.84% | -3.41% | 0.93% | 0.11% |
| 2015 | 1.79% | -0.81% | 0.26% | -0.43% | -0.13% | -0.13% | 0.63% | 0.14% | 0.62% | 0.32% | 0.20% | 0.52% | 2.98% |
| 2014 | 1.71% | 0.76% | 0.39% | 1.17% | 1.37% | 0.26% | 0.19% | 1.06% | 0.16% | 0.75% | 0.44% | 0.45% | 9.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of UTAHX is 27, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Aquila Tax-Free Fund For Utah (UTAHX) 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 Fund For Utah provided a 2.93% dividend yield over the last twelve months, with an annual payout of $0.28 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.28 | $0.27 | $0.21 | $0.20 | $0.19 | $0.22 | $0.25 | $0.26 | $0.26 | $0.27 | $0.30 | $0.33 |
Dividend yield | 2.93% | 2.83% | 2.18% | 2.10% | 1.77% | 2.02% | 2.38% | 2.51% | 2.48% | 2.61% | 2.83% | 3.20% |
Monthly Dividends
The table displays the monthly dividend distributions for Aquila Tax-Free Fund For Utah. 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.00 | $0.03 | ||||||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.27 |
| 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 | $0.21 |
| 2022 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.20 |
| 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 | $0.19 |
| 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 | $0.22 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2017 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.01 | $0.26 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2015 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.30 |
| 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 | $0.33 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Aquila Tax-Free Fund For Utah. 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 Fund For Utah was 13.62%, occurring on Oct 15, 2008. Recovery took 149 trading sessions.
The current Aquila Tax-Free Fund For Utah drawdown is 3.05%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.62% | Jan 24, 2008 | 184 | Oct 15, 2008 | 149 | May 20, 2009 | 333 |
| -12.09% | Oct 14, 1993 | 288 | Nov 21, 1994 | 98 | Apr 6, 1995 | 386 |
| -11.81% | Aug 6, 2021 | 308 | Oct 25, 2022 | — | — | — |
| -9.35% | Mar 10, 2020 | 9 | Mar 20, 2020 | 81 | Jul 16, 2020 | 90 |
| -8.23% | Oct 7, 1998 | 339 | Jan 25, 2000 | 147 | Aug 24, 2000 | 486 |
Volatility
Volatility Chart
The current Aquila Tax-Free Fund For Utah volatility is 0.83%, 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.