Alabama Tax Free Bond Etf Profile

ALABX Etf  USD 12.11  0.08  0.67%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
ALABAMA TAX is trading at 12.11 as of the 21st of March 2025; that is 0.67 percent increase since the beginning of the trading day. The etf's open price was 12.03. ALABAMA TAX has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
The fund pursues its investment objective by normally investing 60 percent of its assets in equity securities and 40 percent of its assets in fixed-income securities and cash equivalents. Equity securities in which the fund may invest include common stocks and preferred stocks. More on ALABAMA TAX FREE BOND

Moving together with ALABAMA Etf

  0.91GVEQX Government Street EquityPairCorr
  0.91GVMCX Government Street MidPairCorr
  0.97TRCFX Popular Total ReturnPairCorr
  0.96TRAFX Popular Total ReturnPairCorr
  0.89SQCBX X Square BalancedPairCorr

Moving against ALABAMA Etf

  0.49AAIAX AMERICAN BEACON INTEPairCorr

ALABAMA Etf Highlights

Business ConcentrationLeavell, Large Blend, Allocation--50% to 70% Equity, Allocation--50% to 70% Equity, Leavell, Large Blend, Allocation--50% to 70% Equity (View all Sectors)
Update Date31st of March 2025
Nav12.03
Prev Close Price11.89
Country NameUSA
NameALPSSmith Balanced Opportunity Fund Class A
Currency CodeUSD
Open FigiBBG00XDJCW07
C U S I P969.56 Million
CodeALABX
I S I NUS31761T2096
Currency NameUS Dollar
TypeFUND
DomicileUnited States
Fiscal Year EndMarch
ALABAMA TAX FREE BOND [ALABX] is traded in USA and was established 1993-01-15. ALABAMA TAX is listed under Leavell category by Fama And French industry classification. The fund is listed under Allocation--50% to 70% Equity category and is part of Leavell family. This fund presently have 21.47 M in assets under management (AUM). ALABAMA TAX FREE is currently producing year-to-date (YTD) return of 2.1% with the current yeild of 0.01%, while the total return for the last 3 years was 6.69%.
Check ALABAMA TAX Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ALABAMA Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ALABAMA Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ALABAMA TAX FREE BOND Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top ALABAMA TAX FREE BOND Etf Constituents

AAPLApple IncStockInformation Technology
AMZNAmazon IncStockConsumer Discretionary
DEDeere CompanyStockIndustrials
GOOGLAlphabet Inc Class AStockCommunication Services
JPMJPMorgan Chase CoStockFinancials
MAMastercardStockFinancials
MSFTMicrosoftStockInformation Technology
PGProcter GambleStockConsumer Staples
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ALABAMA TAX FREE Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ALABAMA TAX. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

ALABAMA TAX FREE Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. ALABAMA TAX FREE Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe ALABAMA TAX price patterns.

ALABAMA TAX Against Markets

Other Information on Investing in ALABAMA Etf

ALABAMA TAX financial ratios help investors to determine whether ALABAMA Etf 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 ALABAMA with respect to the benefits of owning ALABAMA TAX security.