KYSMX Performance — Kentucky Tax-Free Short-to-Medium Series
Data updated: 2025-09-10
KYSMX returned +2.33% over one year to Mar 2025. Annualised returns are +1.66% over 3 years and +0.99% over 5 years. The fund trailed its Short-Term Municipal Bond category average: $100 invested three years ago grew to $105, against $107 for the category, and to $102 over one year, against $103. Volatility over the past three years was 3.29% a year. In the 12 months to Mar 2025 the fund lost a net $2.4M, and assets reached $30.50M.
KYSMX Growth of $100
What $100 invested in Kentucky Tax-Free Short-to-Medium Series grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Municipal Bond category average over the same months.
| Period | KYSMX | Category average |
|---|---|---|
| 1 year (Apr 2024 – Mar 2025) | $102 | $103 |
| 3 years (Apr 2022 – Mar 2025) | $105 | $107 |
| 5 years (Apr 2020 – Mar 2025) | $105 | $108 |
| Since data start (Jul 2019 – Mar 2025) | $106 | $108 |
KYSMX Trailing Returns
Total returns to Mar 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.33% |
| 3 years (annualised) | +1.66% |
| 5 years (annualised) | +0.99% |
KYSMX Annual Returns
Calendar-year total returns of Kentucky Tax-Free Short-to-Medium Series, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Mar) | +0.73% |
| 2024 | +1.32% |
| 2023 | +3.04% |
| 2022 | −3.44% |
| 2021 | +0.12% |
| 2020 | +3.00% |
| 2019 (Jul–Dec) | +1.22% |
KYSMX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.6% | +0.5% | −0.4% | — | — | — | — | — | — | — | — | — |
| 2024 | −0.2% | 0.0% | 0.0% | −0.4% | −0.4% | +0.8% | +0.8% | +1.0% | +0.6% | −0.8% | +0.6% | −0.4% |
| 2023 | +1.3% | −1.4% | +1.3% | −0.2% | −0.6% | +0.5% | +0.1% | −0.4% | −1.0% | 0.0% | +2.6% | +0.9% |
| 2022 | −1.6% | −0.3% | −1.6% | −1.0% | +0.9% | −0.2% | +1.1% | −1.2% | −1.8% | −0.1% | +2.1% | +0.1% |
| 2021 | 0.0% | −0.2% | +0.1% | +0.3% | +0.1% | −0.1% | +0.3% | −0.2% | −0.2% | −0.2% | +0.1% | +0.1% |
| 2020 | +1.1% | +0.5% | −1.9% | −0.4% | +2.2% | −0.1% | +1.2% | −0.2% | +0.1% | −0.1% | +0.3% | +0.1% |
| 2019 | — | — | — | — | — | — | +0.7% | +0.7% | −0.8% | +0.1% | +0.1% | +0.3% |
KYSMX Risk
Risk measures from monthly returns over Apr 2022 – Mar 2025.
- 3-year volatility (annualised): 3.29%
- 3-year Sharpe ratio: -0.86 (vs 4.5% risk-free rate)
- Best month: +2.57% (Nov 2023)
- Worst month: −1.82% (Sep 2022)
KYSMX Fund Flows
Monthly money in and out of Kentucky Tax-Free Short-to-Medium Series, from SEC Form N-PORT.
- 12-month net flow: −$2.4M
- 12-month gross sales (incl. reinvestments): $2.5M
- Sales ÷ redemptions: 0.51×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2025 | $49K | $236K | −$187K |
| Feb 2025 | $369K | $33K | $337K |
| Jan 2025 | $79K | $612K | −$533K |
| Dec 2024 | $114K | $205K | −$91K |
| Nov 2024 | $63K | $58K | $5K |
| Oct 2024 | $44K | $637K | −$593K |
| Sep 2024 | $313K | $574K | −$260K |
| Aug 2024 | $143K | $196K | −$53K |
| Jul 2024 | $49K | $96K | −$47K |
| Jun 2024 | $824K | $140K | $684K |
| May 2024 | $280K | $320K | −$40K |
| Apr 2024 | $141K | $1.7M | −$1.6M |
KYSMX Assets Under Management
Net assets of Kentucky Tax-Free Short-to-Medium Series by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-03-31 | $30.50M |
| 2024-12-31 | $30.76M |
| 2024-09-30 | $31.71M |
| 2024-06-30 | $31.61M |
| 2024-03-31 | $32.78M |
| 2023-12-31 | $33.69M |
| 2023-09-30 | $35.19M |
| 2023-06-30 | $37.07M |
| 2023-03-31 | $41.00M |
| 2022-12-31 | $41.35M |
| 2022-09-30 | $43.21M |
| 2022-06-30 | $42.93M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.