ORFFX Performance — Aquila Tax-Free Trust of Oregon, Class F
Data updated: 2024-08-21
ORFFX returned +1.94% over one year to Jun 2024. The annualised 3-year return is −1.13%. The fund trailed its Intermediate Municipal Bond category average: $100 invested three years ago grew to $97, against $97 for the category, and to $102 over one year, against $103. Volatility over the past three years was 5.19% a year. In the 12 months to Jun 2024 the fund took in a net $73.2M, and assets reached $368.45M.
ORFFX Growth of $100
What $100 invested in Aquila Tax-Free Trust of Oregon grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | ORFFX | Category average |
|---|---|---|
| 1 year (Jul 2023 – Jun 2024) | $102 | $103 |
| 3 years (Jul 2021 – Jun 2024) | $97 | $97 |
| Since data start (Apr 2020 – Jun 2024) | $100 | $103 |
ORFFX Trailing Returns
Total returns to Jun 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +1.94% |
| 3 years (annualised) | −1.13% |
ORFFX Annual Returns
Calendar-year total returns of Aquila Tax-Free Trust of Oregon, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jun) | −0.64% |
| 2023 | +3.53% |
| 2022 | −6.04% |
| 2021 | −0.35% |
| 2020 (Apr–Dec) | +3.92% |
ORFFX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −0.3% | 0.0% | −0.2% | −0.9% | −0.3% | +1.0% | — | — | — | — | — | — |
| 2023 | +1.9% | −1.8% | +1.7% | −0.4% | −1.0% | +0.6% | +0.2% | −0.6% | −1.9% | −0.2% | +3.5% | +1.7% |
| 2022 | −2.5% | −0.3% | −2.6% | −2.0% | +1.3% | −0.9% | +2.1% | −1.8% | −2.7% | −0.1% | +3.2% | +0.4% |
| 2021 | +0.1% | −1.5% | +0.3% | +0.5% | +0.1% | +0.1% | +0.6% | −0.2% | −0.8% | −0.2% | +0.6% | 0.0% |
| 2020 | — | — | — | −0.3% | +3.1% | −0.1% | +1.0% | −0.5% | 0.0% | −0.3% | +0.9% | +0.1% |
ORFFX Risk
Risk measures from monthly returns over Jul 2021 – Jun 2024.
- 3-year volatility (annualised): 5.19%
- 3-year Sharpe ratio: -1.09 (vs 4.5% risk-free rate)
- Best month: +3.50% (Nov 2023)
- Worst month: −2.66% (Sep 2022)
ORFFX Fund Flows
Monthly money in and out of Aquila Tax-Free Trust of Oregon, from SEC Form N-PORT.
- 12-month net flow: $73.2M
- 12-month gross sales (incl. reinvestments): $64.8M
- Sales ÷ redemptions: -7.71×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2024 | $2.1M | $13.2M | −$11.1M |
| May 2024 | $2.6M | $17.8M | −$15.2M |
| Apr 2024 | $3.1M | $14.5M | −$11.4M |
| Mar 2024 | $2.9M | $10.4M | −$7.5M |
| Feb 2024 | $5.7M | $7.6M | −$1.9M |
| Jan 2024 | $7.6M | $11.0M | −$3.4M |
| Dec 2023 | $8.1M | −$19.9M | $27.9M |
| Nov 2023 | $7.7M | −$17.3M | $25.1M |
| Oct 2023 | $7.0M | −$16.1M | $23.1M |
| Sep 2023 | $6.4M | −$10.0M | $16.4M |
| Aug 2023 | $7.3M | −$10.6M | $17.9M |
| Jul 2023 | $4.4M | −$9.0M | $13.4M |
ORFFX Assets Under Management
Net assets of Aquila Tax-Free Trust of Oregon by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-06-28 | $368.45M |
| 2024-03-28 | $409.18M |
| 2023-12-29 | $426.36M |
| 2023-09-29 | $438.72M |
| 2023-06-30 | $463.09M |
| 2023-03-31 | $472.36M |
| 2022-12-30 | $462.18M |
| 2022-09-30 | $485.07M |
| 2022-06-30 | $506.21M |
| 2022-03-31 | $591.77M |
| 2021-12-31 | $668.93M |
| 2021-09-30 | $680.90M |
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.