- What does CBTAX invest in?
- Under normal operating conditions, this fund is committed to investing at least 80% of its total net assets (including any borrowed capital) in a range of fixed-income securities and other debt-like instruments that offer comparable economic characteristics. A significant portion, specifically a minimum of 50% of its holdings, will be allocated to municipal securities, generating income that is exempt from federal income tax. The fund also retains the flexibility to invest in fixed-income instruments where the income is subject to taxation.
- What is the expense ratio of CBTAX?
- An expense ratio for Six Circles Tax Aware Bond (CBTAX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- What is CBTAX's dividend yield?
- CBTAX's trailing-twelve-month yield is 3.56%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of CBTAX?
- Effective duration measures CBTAX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. CBTAX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of CBTAX?
- CBTAX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of CBTAX?
- Yield to maturity (YTM) is the total return you'd earn from CBTAX if every bond in the portfolio is held to maturity at the current price. CBTAX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
