Tax-Free Mutual Fund Quote

Mutual Funds . USA . 
Fund . Tax-Free Conservative Income
TFCAX Fund  USD 10.00  0.00  0.00%   

Market Performance

13 of 100

Odds Of Distress

Less than 1

Tax-Free Conservative is trading at 10.00 as of the 29th of March 2023; that is No Change since the beginning of the trading day. The fund's open price was 10.0. Tax-Free Conservative has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Tax-Free Conservative Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2023 and ending today, the 29th of March 2023. Click here to learn more.
CUSIP
78413L647
ISIN
US78413L6478
Fiscal Year End
September
The investment seeks preserving principal value and maintaining a high degree of liquidity while providing current income exempt from federal income taxes. Tax-Free Conservative is traded on NASDAQ Exchange in the United States. More on Tax-Free Conservative Income

Tax-Free Conservative Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tax-Free Conservative's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tax-Free Conservative or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaConservative (view all)
Build Portfolio
Fama & French Classification
Conservative
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Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Tax-Free Conservative's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Beta In Three Year(0.01)
Startdate31st of December 2016
Tax-Free Conservative Income [TFCAX] is traded in USA and was established 29th of March 2023. The fund is listed under Muni National Short category and is part of SEI family. The entity is thematically classified as Conservative. Tax-Free Conservative at this time has accumulated 186.39 M in assets with minimum initial investment of 100 K. , while the total return for the last 3 years was 1.06%.
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Instrument Allocation

Tax-Free Conservative Target Price Odds Analysis

Based on a normal probability distribution, the odds of Tax-Free Conservative jumping above the current price in 90 days from now is about 6.88%. The Tax-Free Conservative Income probability density function shows the probability of Tax-Free Conservative mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Tax-Free Conservative Income has a beta of -0.0019. This usually implies as returns on benchmark increase, returns on holding Tax-Free Conservative are expected to decrease at a much lower rate. During the bear market, however, Tax-Free Conservative Income is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Tax-Free Conservative is significantly underperforming NYSE Composite.
  Odds Below 10.0HorizonTargetOdds Above 10.0
91.37%90 days
 10.00 
6.88%
Based on a normal probability distribution, the odds of Tax-Free Conservative to move above the current price in 90 days from now is about 6.88 (This Tax-Free Conservative Income probability density function shows the probability of Tax-Free Mutual Fund to fall within a particular range of prices over 90 days) .

Tax-Free Conservative Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Tax-Free Conservative market risk premium is the additional return an investor will receive from holding Tax-Free Conservative long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Tax-Free Conservative. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Tax-Free Conservative's alpha and beta are two of the key measurements used to evaluate Tax-Free Conservative's performance over the market, the standard measures of volatility play an important role as well.
Mean Deviation0.0232
Standard Deviation0.0549
Variance0.003
Risk Adjusted Performance(0.004836)

Tax-Free Conservative Against Markets

Picking the right benchmark for Tax-Free Conservative mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tax-Free Conservative mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tax-Free Conservative is critical whether you are bullish or bearish towards Tax-Free Conservative Income at a given time.
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Be your own money manager

Our tools can tell you how much better you can do entering a position in Tax-Free Conservative without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Performance Analysis

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How to buy Tax-Free Mutual Fund?

Before investing in Tax-Free Conservative, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tax-Free Conservative. To buy Tax-Free Conservative fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tax-Free Conservative. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Tax-Free Conservative fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Tax-Free Conservative Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Tax-Free Conservative Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Tax-Free Conservative Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Tax-Free Conservative Income?

The danger of trading Tax-Free Conservative Income is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tax-Free Conservative is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tax-Free Conservative. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tax-Free Conservative is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map. Note that the Tax-Free Conservative information on this page should be used as a complementary analysis to other Tax-Free Conservative's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bond Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Tax-Free Mutual Fund analysis

When running Tax-Free Conservative price analysis, check to measure Tax-Free Conservative's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tax-Free Conservative is operating at the current time. Most of Tax-Free Conservative's value examination focuses on studying past and present price action to predict the probability of Tax-Free Conservative's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tax-Free Conservative's price. Additionally, you may evaluate how the addition of Tax-Free Conservative to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Tax-Free Conservative's value and its price as these two are different measures arrived at by different means. Investors typically determine Tax-Free Conservative value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tax-Free Conservative's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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