Morningstar Municipal Financial Statements From 2010 to 2024
| MSTPX Fund | USD 10.08 0.02 0.20% |
Check Morningstar Municipal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Morningstar Municipal's main balance sheet or income statement drivers, such as , as well as many indicators such as . Morningstar financial statements analysis is a perfect complement when working with Morningstar Municipal Valuation or Volatility modules.
Morningstar |
Morningstar Municipal Bond Mutual Fund Year To Date Return Analysis
Morningstar Municipal's Year to Date Return (YTD) is the total return generated from holding a security from the beginning of the current fiscal year. In other words, YTD Return represents the capital appreciation of your investments from the start of the current fiscal year.
More About Year To Date Return | All Equity Analysis
YTD Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Morningstar Municipal Year To Date Return | 2.91 % |
Most of Morningstar Municipal's fundamental indicators, such as Year To Date 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, Morningstar Municipal Bond is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Year-To-Date typically refers to a period starting from the beginning of the current year and continuing up to the present day. Investors should becareful when comparing YTD ratios if not much of the year has occurred as research shows that YTD measures are more sensitive to early periods than late.
| Competition |
Based on the company's disclosures, Morningstar Municipal Bond has a Year To Date Return of 2.9134%. This is much higher than that of the Morningstar family and significantly higher than that of the Muni National Interm category. The year to date return for all United States funds is notably lower than that of the firm.
Morningstar Municipal Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Morningstar Municipal's current stock value. Our valuation model uses many indicators to compare Morningstar Municipal value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Morningstar Municipal competition to find correlations between indicators driving Morningstar Municipal's intrinsic value. More Info.Morningstar Municipal Bond is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 1,121 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 Morningstar Municipal's earnings, one of the primary drivers of an investment's value.About Morningstar Municipal Financial Statements
Morningstar Municipal investors use historical fundamental indicators, such as Morningstar Municipal'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 Morningstar Municipal. Please read more on our technical analysis and fundamental analysis pages.
The fund will invest at least 80 percent of its net assets, plus borrowings for investment purposes, in securities of municipal issuers within the United States and its territories, the income of which is exempt from U.S. taxation. The Advisor intends to invest primarily in investment-grade municipal securities. The fund may also invest in derivatives, including options, futures, swaps, and inverse floating-rate debt instruments , for risk management purposes or as part of its investment strategies.
Also Currently Popular
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 Morningstar Mutual Fund
Morningstar Municipal financial ratios help investors to determine whether Morningstar 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 Morningstar with respect to the benefits of owning Morningstar Municipal security.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |