ALABAMA TAX is trading at 12.11 as of the 22nd 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 22nd of December 2024 and ending today, the 22nd 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
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%.
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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.
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.
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 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.