Oklahoma Municipal Fund (OKMIX)

Objective
Preservation of investors' capital. High level of current income exempt from federal and Oklahoma income taxes.
Management Team
Monte Avery, Shannon Radke, Josh Larson
Symbol
OKMIX
Cusip
926826819
Inception Date
11/01/2017
Current NAV
$11.60 (as of 03/20/2019)
Distribution Rate
2.81% (without sales charge as of 2/28/2019)
Effective Rate
2.85% (without sales charge as of 2/28/2019)
Morningstar Rating
N/A

NAV History

Current NAV Change $ Change % POP
03/20/2019 11.60 0.01 0.09 11.60

Total Returns

As of: 12/31/2018

Annualized
Year To Date One Year Since Inception
I Shares 0.85 0.85 1.22

30 Day SEC Yield (as of 2/28/2019)

1.819% (subsidized) 1.554% (unsubsidized)

Dividend Rates (Past Year)

Reinvest Date Dividend STCG LTCG Return of Capital
2/28/2019 0.024861 0.000000 0.000000 0.000000
1/31/2019 0.027268 0.000000 0.000000 0.000000
12/31/2018 0.026770 0.000000 0.000000 0.000000
11/30/2018 0.025837 0.000000 0.000000 0.000000
10/31/2018 0.026033 0.000000 0.000000 0.000000
9/28/2018 0.025009 0.000000 0.000000 0.000000
8/31/2018 0.025754 0.000000 0.000000 0.000000
7/31/2018 0.024853 0.000000 0.000000 0.000000
6/29/2018 0.024752 0.000000 0.000000 0.000000
5/31/2018 0.026265 0.000000 0.000000 0.000000
4/30/2018 0.025304 0.000000 0.000000 0.000000
3/29/2018 0.025289 0.000000 0.000000 0.000000

Operating Expenses (as of 11/01/2017)

Management Fees 0.50%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses 0.41%
Total Annual Fund Operating Expenses 0.91%
Fee Waivers and Expense Reimbursements -0.18%
Total Annual Fund Operating Expenses (After Fee Waivers and Expense Reimbursements) 0.73%

Top 10 Holdings (as of 12/31/2018)

The full quarterly holdings report can be found by viewing the N-Q.

MIDWEST MUNI AUTH-A 5% 3/1/2025
GRAND RVR DAM AUTH-A 5.25% 6/1/2040
TULSA ARPTS IMPT-A 4% 6/1/2035
OK MUN PWR SER B 5.75% 1/1/2024
OKLAHOMA CITY 4% 3/1/2024
CADDO GOVT BLDG-REF 5% 9/1/2040
OK CAP IMPT 4% 10/1/2025
COWETA OK PUBLIC WKS 4% 8/1/2032
OKLAHOMA PPTY AUTH 5% 10/1/2039
OK CAP IMPT 4% 10/1/2024

The mutual funds referred to in this website are offered by Prospectus only. For more complete information an investor should consider the investment objectives, risks, and charges and expenses of the investment company carefully before investing. The prospectus contains this and other information about the investment company. You may obtain a prospectus and summary prospectuses at no cost from your financial adviser. Please read the prospectus carefully before investing.

The performance data quoted represents past performance. Past performance does not guarantee future results. The Fund’s principal value, share price, yields, rates and total returns will vary due to changing market conditions, so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. To obtain performance data current to the most recent month-end, an investor may call toll free at 800-276-1262.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Bond prices and, therefore, the value of a bond fund will decline as interest rates rise. Because the Fund invests in securities of a single state, the Fund is more susceptible to factors adversely impacting the state’s securities than a municipal fund that does not concentrate its securities in a single state. A portion of the Fund’s dividends may be subject to state and local taxes and, where applicable, federal alternative minimum tax (AMT).

Morningstar Ratings: For each fund with at least a 3-year history, Morningstar calculates a risk-adjusted return measure that accounts for variation in a fund's monthly performance (excluding sales charges and including fees and expenses versus all funds in the Morningstar category), placing more emphasis on downward variations and rewarding consistent performance. These ratings change monthly. The top 10% of funds in each category receive a Morningstar Rating™ of 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund and rated separately.) Past performance does not guarantee future results. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.