Wilmington Pennsylvania Muni Bond A
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
6.8%
3 Yr Avg Return
5.1%
5 Yr Avg Return
4.6%
Net Assets
$98 M
Holdings in Top 10
37.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.35%
SALES FEES
Front Load 4.50%
Deferred Load N/A
TRADING FEES
Turnover 37.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
APARX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 3.5%
- 5 Yr Annualized Total Return 3.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.23%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameWilmington Pennsylvania Municipal Bond Fund
-
Fund Family NameWilmington Funds
-
Inception DateApr 01, 1996
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerStephen Winterstein
Fund Description
APARX - Performance
Return Ranking - Trailing
Period | APARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 270.1% | N/A |
1 Yr | 6.8% | -64.0% | 270.1% | N/A |
3 Yr | 5.1%* | -41.4% | 115.6% | N/A |
5 Yr | 4.6%* | -30.7% | 58.6% | N/A |
10 Yr | 3.9%* | -8.4% | 26.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | APARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -67.1% | 73.0% | N/A |
2022 | N/A | -76.0% | 74.8% | N/A |
2021 | N/A | -58.1% | 900.0% | N/A |
2020 | N/A | -51.1% | 336.8% | N/A |
2019 | N/A | -60.1% | 304.1% | N/A |
Total Return Ranking - Trailing
Period | APARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 270.1% | N/A |
1 Yr | 2.0% | -64.0% | 270.1% | N/A |
3 Yr | 3.5%* | -30.7% | 115.6% | N/A |
5 Yr | 3.7%* | -30.7% | 58.6% | N/A |
10 Yr | 3.4%* | -8.4% | 26.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | APARX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -67.1% | 76.6% | N/A |
2022 | N/A | -30.7% | 76.8% | N/A |
2021 | N/A | -58.1% | 900.0% | N/A |
2020 | N/A | -51.1% | 341.1% | N/A |
2019 | N/A | -60.1% | 304.1% | N/A |
APARX - Holdings
Concentration Analysis
APARX | Category Low | Category High | APARX % Rank | |
---|---|---|---|---|
Net Assets | 98 M | 0 | 814 B | N/A |
Number of Holdings | 45 | 1 | 17358 | N/A |
Net Assets in Top 10 | 36.2 M | -28.8 B | 134 B | N/A |
Weighting of Top 10 | 36.95% | 0.0% | 20474.3% | N/A |
Top 10 Holdings
- Bucks Cnty Pa Indl Dev Auth 10% 7.60%
- Pennsylvania St Higher Edl Fac Rev Bd 5% 5.56%
- Philadelphia Pa Redev Auth 5% 3.57%
- Pennsylvania Convention Ctr Au Rev Bd 6% 3.17%
- Pennsylvania St Go Bds Fi 5% 3.13%
- Hempfield Pa Area Sch Dist 5% 2.96%
- Pennsylvania St Tpk Commn Tpk Rev Bds 5% 2.92%
- Pittsburgh Pa Pub Pkg Auth 5% 2.77%
- Lancaster Pa Higher Ed Auth 5% 2.71%
- Mifflin Cnty Pa Sch Dist 7.5% 2.56%
Asset Allocation
Weighting | Return Low | Return High | APARX % Rank | |
---|---|---|---|---|
Bonds | 95.37% | -955.59% | 533.06% | N/A |
Cash | 4.63% | -483.27% | 7388.76% | N/A |
Stocks | 0.00% | -142.98% | 259.25% | N/A |
Preferred Stocks | 0.00% | -0.12% | 80.89% | N/A |
Other | 0.00% | -7288.76% | 493.15% | N/A |
Convertible Bonds | 0.00% | -0.37% | 166.23% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | APARX % Rank | |
---|---|---|---|---|
Municipal | 95.37% | 0.00% | 110.18% | N/A |
Cash & Equivalents | 4.63% | -452.21% | 7388.76% | N/A |
Derivative | 0.00% | -511.61% | 48.69% | N/A |
Securitized | 0.00% | -35.05% | 159.61% | N/A |
Corporate | 0.00% | -15.73% | 3345.86% | N/A |
Government | 0.00% | -3298.93% | 457.08% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | APARX % Rank | |
---|---|---|---|---|
US | 95.37% | -955.59% | 499.56% | N/A |
Non US | 0.00% | -150.85% | 464.75% | N/A |
APARX - Expenses
Operational Fees
APARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.35% | 0.00% | 928.63% | N/A |
Management Fee | 0.50% | 0.00% | 2.87% | N/A |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 52000.00% | N/A |
Sales Fees
APARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.50% | 0.00% | 25.00% | N/A |
Deferred Load | N/A | 0.25% | 5.50% | N/A |
Trading Fees
APARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
APARX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 37.00% | 0.00% | 5067.00% | N/A |
APARX - Distributions
Dividend Yield Analysis
APARX | Category Low | Category High | APARX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 87.51% | N/A |
Dividend Distribution Analysis
APARX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Annually |
Net Income Ratio Analysis
APARX | Category Low | Category High | APARX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.23% | -46.00% | 10.10% | N/A |
Capital Gain Distribution Analysis
APARX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 31, 2012 | $0.018 | |
Sep 28, 2012 | $0.018 | |
Aug 31, 2012 | $0.019 | |
Jul 31, 2012 | $0.020 | |
Jun 29, 2012 | $0.020 | |
May 31, 2012 | $0.020 | |
Apr 30, 2012 | $0.021 | |
Apr 02, 2012 | $0.026 | |
Mar 31, 2012 | $0.026 |
APARX - Fund Manager Analysis
Managers
Stephen Winterstein
Start Date
Tenure
Tenure Rank
Mar 12, 2012
0.64
0.6%
Winterstein is a senior vice president and managing director of PCA. He joined the firm in June 2007. Since 1993, Winterstein has been a managing director and senior vice president of PNC Wealth Management, an affiliate of PCA.
Rebecca Rogers
Start Date
Tenure
Tenure Rank
Mar 12, 2012
0.64
0.6%
Becky is co-director of portfolio management and trading, with responsiblity for the execution of all trades in client portfolios. She joined the firm or its predecessor in July 2000 after working for 15 years in the institutional sales group of A.H. Williams, a regional municipal bond capital markets firm. Becky earned her bachelor's degree in English from Dickinson College.
John J. Malloy, Jr
Start Date
Tenure
Tenure Rank
Mar 12, 2012
0.64
0.6%
John J. Malloy, Jr., is responsible for managing the municipal bond component of client portfolios in Wealth Advisory Services at Wilmington Trust, as well as assisting in conducting trades for the Wilmington Municipal Bond Funds. He conducts rigorous analysis of interest rate movements in order to make the best fixed income duration decisions. John also conducts continual yield curve and volatility analyses in order to maximize total return and minimize risk across his fixed income portfolios. John joined Wilmington Trust in 2006, specializing in municipal bond trading and portfolio management. Previously, he was a senior fixed income trader at the Vanguard Group. John holds an MBA from Saint Joseph’s University and a bachelor’s degree in Business Administration from Arcadia University.
Robert Collins
Start Date
Tenure
Tenure Rank
Mar 12, 2012
0.64
0.6%
Collins is a portfolio manager and senior vice president with Delaware Investments. Prior to joining Delaware Investments, Collins was a senior vice president and director of portfolio management in the Municipal Investment Group within PNC Advisors. Collins holds the Chartered Financial Analyst designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 43.76 | 4.66 | 4.5 |