- What does STAYX invest in?
- Normally, this investment vehicle allocates a minimum of 50% of its capital to municipal debt instruments, primarily bonds, whose interest earnings are sheltered from federal income tax, including the alternative minimum tax. These securities are chiefly issued by state and local government bodies and their affiliated agencies, located throughout the fifty United States, Puerto Rico, and various other U.S. territories and possessions.
- What is the expense ratio of STAYX?
- Tax Advantaged Income Fund Class Y (STAYX) charges an expense ratio of 0.83%. This is the annual fee deducted from fund assets to cover management and operations.
- What is STAYX's dividend yield?
- STAYX's trailing-twelve-month yield is 5.12%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of STAYX?
- Effective duration measures STAYX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. STAYX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of STAYX?
- STAYX'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 STAYX?
- Yield to maturity (YTM) is the total return you'd earn from STAYX if every bond in the portfolio is held to maturity at the current price. STAYX'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.
