Aberdeen Intmdt Muncpl Inc Instl Svc (ABESX)

Add to Watchlists
Create an Alert
9.95 +0.01  +0.10% Sep 23 USD
View Full Chart
Total Returns Chart

Key Stats

Net Asset Value 9.95
Turnover Ratio 14.38%
1 Year Fund Level Flows -7.141M

Performance & Returns

  Total Return Cat. Total Return (NAV) % Rank in Cat. (NAV)
1M -0.62% -0.92% 19
3M 1.48% 1.28% 33
6M 3.98% 4.01% 58
YTD 5.81% 6.02% 60
1Y 6.80% 7.39% 78
3Y 2.29% 2.56% 68
5Y 2.50% 3.00% 81
10Y 3.43% 3.60% --
15Y 3.56% 3.54% --
20Y 4.23% 4.14% --
As of Sept. 23, 2019. Returns for periods of 1 year and above are annualized.

Asset Allocation

Type % Net % Long % Short
Cash 2.89% 2.89% 0.00%
Stock 0.00% 0.00% 0.00%
Bond 97.11% 97.11% 0.00%
Convertible 0.00% 0.00% 0.00%
Preferred 0.00% 0.00% 0.00%
Other 0.00% 0.00% 0.00%
As of July 31, 2019

Region Exposure

Americas 100.0%
North America 96.00%
Latin America 4.00%
Greater Europe 0.00%
United Kingdom 0.00%
Europe Developed 0.00%
Europe Emerging 0.00%
Africa/Middle East 0.00%
Greater Asia 0.00%
Japan 0.00%
Australasia 0.00%
Asia Developed 0.00%
Asia Emerging 0.00%
Market Classification
% Developed Markets 100.0%
% Emerging Markets 0.00%
As of July 31, 2019. Region breakdown data is calculated by using the long position holdings of the portfolio.

ABESX Bond Exposure

Government 0.00%
Corporate 0.00%
Securitized 0.00%
Municipal 97.11%
Cash 2.89%
Derivative 0.00%
As of July 31, 2019

ABESX Bond Credit Quality Exposure

AAA 0.00%
AA 49.04%
A 20.39%
BBB 24.27%
BB 1.38%
B 0.00%
Below B 0.00%
As of July 31, 2019

ABESX Bond Maturity Exposure

1 to 7 Days 0.00%
8 to 30 Days 0.00%
31 to 90 Days 0.00%
91 to 182 Days 0.00%
183 to 364 Days 1.47%
1 to 3 Years 6.78%
3 to 5 Years 4.13%
5 to 7 Years 7.75%
7 to 10 Years 26.25%
10 to 15 Years 22.38%
15 to 20 Years 12.37%
20 to 30 Years 18.87%
Over 30 Years 0.00%
As of July 31, 2019
View More Holdings

Top 10 Holdings

Symbol Name % Weight Price % Chg
-- HARRIS CNTY TEX HEALTH FACS DEV CORP REV 5.75% 8.65% -- --
-- PORT CORPUS CHRISTI AUTH TEX NUECES CNTY SOLID WASTE DISP REV 1.53% 3.56% -- --
-- PENNSYLVANIA ST TPK COMMN REGISTRATION FEE REV 5.25% 3.39% -- --
-- NEW JERSEY ST TRANSN TR FD AUTH 5% 3.28% -- --
-- NEW JERSEY ECONOMIC DEV AUTH REV 5.25% 2.86% -- --
-- ARIZONA INDL DEV AUTH SR LIVING REV 5% 2.54% -- --
-- TEXAS MUN GAS ACQUISITION & SUPPLY CORP I GAS SUPPLY REV 6.25% 2.29% -- --
-- NEW YORK ST DORM AUTH REVS ST SUPPORTED DEBT 5.5% 1.90% -- --
-- ST CHARLES PARISH LA GULF OPPORTUNITY ZONE REV 4% 1.85% -- --
-- CONNECTICUT ST HEALTH & EDL FACS AUTH REV 5% 1.78% -- --
As of July 31, 2019
Advertisement

Basic Info

Investment Strategy
The investment seeks a high level of current income that is exempt from federal income taxes. The fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in investment grade fixed income securities that qualify as tax-exempt municipal obligations. Tax-exempt municipal obligations include municipal obligations that pay interest that is free from U.S. federal income tax. These obligations are issued by states, U.S. territories and their political subdivisions, such as counties, cities and towns.
General
Security Type Mutual Fund
Oldest Share Symbol ABEIX
Equity Style --
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni National Interm
Prospectus Objective Municipal Bond - National
Fund Owner Firm Name Aberdeen
Benchmark Index
ICE BofAML 1-22Y US Muni TR USD 100.0%
Reports
One Page Report Download

Manager Info

Name Tenure
Jonathan Mondillo 0.16 yrs
Lesya Paisley 3.16 yrs
Mark Taylor 0.16 yrs

Net Fund Flows

1M -787750.2
3M -1.205M
6M -3.757M
YTD -5.067M
1Y -7.141M
3Y -23.50M
5Y -35.47M
10Y -81.52M
As of Aug. 31, 2019

Risk Info

Beta (5Y) 0.7274
Historical Sharpe Ratio (10Y) 1.259
Historical Sortino (All) 1.211
Daily Value at Risk (VaR) 1% (All) 0.28%
Monthly Value at Risk (VaR) 1% (All) 2.65%

Fundamentals

Dividend Yield TTM (9-20-19) 3.13%
30-Day SEC Yield (8-31-19) 1.68%
7-Day SEC Yield --
Current Yield 4.51%
Yield to Maturity 3.28%
Effective Duration 5.14
Average Coupon 4.85%
Average Credit Score 8.00 (A)
Average Price 113.33
Number of Holdings 88
As of July 31, 2019

Comparables

Edit

Attributes

Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment 1.00M USD
Minimum Subsequent Investment 0.00 USD
Fees
Actual 12B-1 Fee --
Actual Management Fee 0.43%
Administration Fee 0.25%
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
Key Dates
Inception Date 2/25/2013
Termination Date
Last Annual Report Date 10/31/2018
Last Prospectus Date 2/28/2019
Attributes
Exchange Traded Share No
Exchange Traded Note No
Enhanced Index Fund No
Fixed Distribution Fund No
High-Net Worth Individual Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No

Excel Add-In Codes

  • Name: =YCI("M:ABESX","name")
  • Broad Asset Class: =YCI("M:ABESX", "broad_asset_class")
  • Broad Category: =YCI("M:ABESX", "broad_category_group")
  • Prospectus Objective: =YCI("M:ABESX", "prospectus_objective")

To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.

Access our powerful Excel Add-in with a YCharts Professional Membership. Learn More.

Advertisement

{{root.upsell.info.feature_headline}}.

{{root.upsell.info.feature_description}}

Please note that this feature is only available as an add-on to YCharts subscriptions.


Please note that this feature requires full activation of your account and is not permitted during the free trial period.

Start My Free Trial {{root.upsell.info.call_to_action}} No credit card required.

Already a subscriber? Sign in.