Robinson Tax Advantaged Fund Quote
| ROBAX Fund | USD 8.55 0.02 0.23% |
Performance10 of 100
| Odds Of DistressLess than 19
|
Robinson Tax is trading at 8.55 as of the 19th of April 2024; that is 0.23 percent up since the beginning of the trading day. The fund's open price was 8.53. Robinson Tax has less than a 19 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. Equity ratings for Robinson Tax Advantaged are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Under normal market conditions, the fund pursues its investment objective by investing primarily in closed-end registered investment companies that invest primarily in municipal bonds. The CEFs, Mutual Funds and ETFs in which the fund invests primarily in investment grade municipal bonds, with an average rating of at least Baa3 or higher by Moodys or BBB- or higher by Standard Poors or Fitch Ratings.. More on Robinson Tax Advantaged
Moving together with Robinson Mutual Fund
| 0.97 | ROBCX | Robinson Tax Advantaged | PairCorr |
| 0.97 | ROBNX | Robinson Tax Advantaged | PairCorr |
| 0.73 | BDKNX | Braddock Multi Strategy | PairCorr |
| 0.73 | BDKAX | Braddock Multi Strategy | PairCorr |
| 0.72 | BDKCX | Braddock Multi Strategy | PairCorr |
| 0.8 | RBNAX | Robinson Opportunistic | PairCorr |
Robinson 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. Robinson Tax's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Robinson Tax or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Liberty Street Funds, Large Funds, Muni National Long Funds, Muni National Long, Liberty Street (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 30th of April 2023 |
| Fiscal Year End | December |
Robinson Tax Advantaged [ROBAX] is traded in USA and was established 19th of April 2024. Robinson Tax is listed under Liberty Street category by Fama And French industry classification. The fund is listed under Muni National Long category and is part of Liberty Street family. This fund at this time has accumulated 194.59 M in assets with no minimum investment requirementsRobinson Tax Advantaged is currently producing year-to-date (YTD) return of 2.51% with the current yeild of 0.0%, while the total return for the last 3 years was -0.09%.
Check Robinson Tax Probability Of Bankruptcy
Instrument Allocation
Top Robinson Tax Advantaged Mutual Fund Constituents
| LEO | BNY Mellon Strategic | Stock | Financials |
| NMZ | Nuveen Municipal High | Fund | Asset Management |
| PMM | Putnam Managed Municipal | Stock | Financials |
| MUI | Blackrock Muni Intermediate | Fund | Asset Management |
| HYD | VanEck High Yield | Etf | High Yield Muni |
| EVN | Eaton Vance Municipal | Stock | Financials |
| MAV | Pioneer Municipal High | Stock | Financials |
Robinson Tax Target Price Odds Analysis
Based on a normal probability distribution, the odds of Robinson Tax jumping above the current price in 90 days from now is about 53.62%. The Robinson Tax Advantaged probability density function shows the probability of Robinson Tax mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Robinson Tax has a beta of 0.0196 indicating as returns on the market go up, Robinson Tax average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Robinson Tax Advantaged will be expected to be much smaller as well. Additionally, robinson Tax Advantaged has an alpha of 0.0125, implying that it can generate a 0.0125 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Robinson Tax to move above the current price in 90 days from now is about 53.62 (This Robinson Tax Advantaged probability density function shows the probability of Robinson Mutual Fund to fall within a particular range of prices over 90 days) .
Robinson Tax Advantaged Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Robinson Tax market risk premium is the additional return an investor will receive from holding Robinson Tax 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 Robinson Tax. 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 Robinson Tax's alpha and beta are two of the key measurements used to evaluate Robinson Tax's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2445 | |||
| Semi Deviation | 0.2385 | |||
| Standard Deviation | 0.3039 | |||
| Variance | 0.0923 |
Robinson Tax Against Markets
Picking the right benchmark for Robinson Tax 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 Robinson Tax 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 Robinson Tax is critical whether you are bullish or bearish towards Robinson Tax Advantaged at a given time. Please also check how Robinson Tax's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Robinson Tax 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.Did you try this?
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How to buy Robinson Mutual Fund?
Before investing in Robinson Tax, 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 Robinson Tax. To buy Robinson Tax fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Robinson Tax. 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 Robinson Tax fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Robinson Tax Advantaged 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 Robinson Tax Advantaged 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 Robinson Tax Advantaged, 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, change in net worth, 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 affecting your buy or sell decision. 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 Robinson Tax Advantaged?
The danger of trading Robinson Tax Advantaged 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 Robinson Tax 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 Robinson Tax. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Robinson Tax Advantaged 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Robinson Tax Advantaged. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Robinson Tax Advantaged information on this page should be used as a complementary analysis to other Robinson Tax'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 the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.