
Aberdeen Ultra Short Municipal Income Fund - Class A (ATOAX)
ATOAX Price Chart
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ATOAX Fund Profile
Key details and information about Aberdeen Ultra Short Municipal Income Fund - Class A (ATOAX).
Sector Focus
Financial Services
Industry
Asset Management - Income
Inception Date
30 Mar 2004
Country
US
Description
The Aberdeen Ultra Short Municipal Income Fund - Class A primarily invests its capital in a blend of tax-exempt municipal obligations, though it also incorporates some taxable debt instruments. Under typical market conditions, a minimum of 80% of its net assets are allocated to these tax-free securities. A defining feature of the fund is its short-duration profile, with the average maturity of its portfolio holdings, at the time of initial purchase, not exceeding two years. Furthermore, all the securities acquired by the fund must hold an investment-grade credit rating from recognized agencies upon acquisition, or, if unrated, be deemed of comparable quality by the Fund's Adviser.
ATOAX Fund Performance
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