Sierra Tactical Municipal Fund Class Class Special Shares
Ticker
STMYX
ISIN
-
Price
USD 26.03
Change Today
+0.08 / 0.308 %
Price 1 year ago
24.23 / 7.45 %
Morningstar
5
52 Week Low
24.47
52 Week High
26.14
200 Day Moving Average 25.58
25.58
50-day Moving Average
25.85
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|
1 year
| Parameter | Value |
|---|
History
| Parameter | Value |
|---|---|
| Average Annual Return | 3.41% |
| Average Annual Volatility | 3.23% |
| Sharpe Ratio | 1.06 |
| Sortino Ratio | 0.21 |
| Maximum Drawdown | -10.0% |
| Maximum Drawdown Date | 2020-04-29 |
| Calmar Ratio | -0.35 |
Company information
Summary
The investment seeks total return, including tax-free income from the dividends of underlying municipal bond funds, while seeking to limit downside risk. The fund invests in open-end investment companies (mutual funds) and exchange-traded funds ("ETFs") that primarily invest in tax-exempt municipal bonds ("underlying municipal bond funds"), as well as municipal money market funds. Under normal circumstances, the fund invests at least 80% of its net assets (defined as net assets plus the amount of any borrowing for investment purposes) in funds that primarily invest in municipal bonds or other municipal debt instruments.
Market
US
Category
High Yield Muni
Expense Ratio
-
Fund family
-
Morningstar
5
Yield
-
Exchange
NAS
| Sector | Weight |
|---|---|
| Realestate | 0.00% |
| Consumer cyclical | 0.00% |
| Basic materials | 0.00% |
| Consumer defensive | 0.00% |
| Technology | 0.00% |
| Communication services | 0.00% |
| Financial services | 0.00% |
| Utilities | 0.00% |
| Industrials | 0.00% |
| Energy | 0.00% |
| Healthcare | 0.00% |
None
Holdings
| Symbol | Name | Allocation |
|---|---|---|
| NHMRX | Nuveen High Yield Municipal Bond I | 30.68% |
| MAYHX | BlackRock High Yield Municipal Instl | 19.71% |
| JITIX | JPMorgan Intermediate Tax Free Bond I | 11.77% |
| ORNYX | Invesco Rochester® Municipal Opps Y | 8.81% |
| OMFYX | Invesco AMT-Free Municipal Y | 7.39% |
| NCHRX | Nuveen CA High Yield Municipal Bond I | 5.92% |
| JTISX | JPMorgan High Yield Municipal I | 5.89% |
| GHYIX | Goldman Sachs High Yield Muni Instl | 4.54% |
| DYBIX | BNY Mellon High Yield Municipal Bond - I | 3.79% |
| STWTX | Hartford Schroders Tax-Aware Bond I | 0.88% |
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| HTUS | Hull Tactical US ETF | US301505806 | PCX | 1.00% | 5 | +6.70 | |
| STMEX | Sierra Tactical Municipal Fund Institutional Shares | NAS | 1.63% | 5 | |||
| STMKX | Sierra Tactical Municipal Fund Class A Shares | NAS | 5 | ||||
| STMNX | Sierra Tactical Municipal Fund Investor Shares | NAS | 5 | ||||
| STMYX | Sierra Tactical Municipal Fund Class Class Special Shares | NAS | 5 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.