Tax Exempt Financial Statements From 2010 to 2024
| AFTEX Fund | USD 12.58 0.03 0.24% |
Check Tax Exempt financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tax Exempt's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tax financial statements analysis is a perfect complement when working with Tax Exempt Valuation or Volatility modules.
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Tax Exempt Bond Mutual Fund Five Year Return Analysis
Tax Exempt's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
More About Five Year Return | All Equity Analysis
Five Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Tax Exempt Five Year Return | 1.34 % |
Most of Tax Exempt's fundamental indicators, such as Five Year Return, 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.
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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According to the company disclosure, Tax Exempt Bond has a Five Year Return of 1.3428%. This is 9.27% lower than that of the American Funds family and significantly higher than that of the Muni National Interm category. The five year return for all United States funds is notably lower than that of the firm.
Tax Exempt Bond Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tax Exempt's current stock value. Our valuation model uses many indicators to compare Tax Exempt value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tax Exempt competition to find correlations between indicators driving Tax Exempt's intrinsic value. More Info.Tax Exempt Bond is the top fund in annual yield among similar funds. It also is the top fund in year to date return among similar funds creating about 457.13 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tax Exempt's earnings, one of the primary drivers of an investment's value.About Tax Exempt Financial Statements
Tax Exempt investors use historical fundamental indicators, such as Tax Exempt's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Tax Exempt. Please read more on our technical analysis and fundamental analysis pages.
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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Tax Mutual Fund
Tax Exempt financial ratios help investors to determine whether Tax Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tax with respect to the benefits of owning Tax Exempt security.
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