Tax Exempt Bond Fund Bond Positions Weight

AFTFX Fund  USD 12.37  0.01  0.08%   
Tax Exempt Bond fundamentals help investors to digest information that contributes to Tax Exempt's financial success or failures. It also enables traders to predict the movement of Tax Mutual Fund. The fundamental analysis module provides a way to measure Tax Exempt's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tax Exempt mutual fund.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Tax Bond Positions Weight Analysis

Tax Exempt's Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.

Bond Percentage

 = 

% of Bonds

in the fund

More About Bond Positions Weight | All Equity Analysis

Current Tax Exempt Bond Positions Weight

    
  0.72 %  
Most of Tax Exempt's fundamental indicators, such as Bond Positions Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tax Exempt Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
Competition

Tax Exempt Bond Positions Weight Component Assessment

In accordance with the recently published financial statements, Tax Exempt Bond has a Bond Positions Weight of 0.72%. This is 90.48% lower than that of the American Funds family and significantly higher than that of the Muni National Interm category. The bond positions weight for all United States funds is notably lower than that of the firm.

Tax Bond Positions Weight Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tax Exempt's direct or indirect competition against its Bond Positions Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Tax Exempt could also be used in its relative valuation, which is a method of valuing Tax Exempt by comparing valuation metrics of similar companies.
Tax Exempt is currently under evaluation in bond positions weight among similar funds.

Fund Asset Allocation for Tax Exempt

The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds and cash equivalents.
Asset allocation divides Tax Exempt's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

Tax Fundamentals

About Tax Exempt Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tax Exempt Bond's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tax Exempt using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tax Exempt Bond based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
The fund will invest at least 80 percent of its assets in, or derive at least 80 percent of its income from, securities that are exempt from regular federal income tax. It will not invest in securities that subject the investors to federal alternative minimum tax. It invests at least 65 percent in debt securities rated A- or better or A3 or better by Nationally Recognized Statistical Rating Organizations designated by the funds investment adviser, or unrated but determined by the funds investment adviser to be of equivalent quality.

Pair Trading with Tax Exempt

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tax Exempt position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tax Exempt will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tax Mutual Fund

  0.63USG USCF Gold Strategy Symbol ChangePairCorr
The ability to find closely correlated positions to Tax Exempt could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tax Exempt when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tax Exempt - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tax Exempt Bond to buy it.
The correlation of Tax Exempt is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tax Exempt moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tax Exempt Bond moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tax Exempt can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Tax Exempt Piotroski F Score and Tax Exempt Altman Z Score analysis.
Note that the Tax Exempt Bond information on this page should be used as a complementary analysis to other Tax Exempt'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Tax Mutual Fund analysis

When running Tax Exempt's price analysis, check to measure Tax Exempt'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 Exempt is operating at the current time. Most of Tax Exempt's value examination focuses on studying past and present price action to predict the probability of Tax Exempt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tax Exempt's price. Additionally, you may evaluate how the addition of Tax Exempt to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Tax Exempt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tax Exempt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tax Exempt'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.