abrdn Ultra Short Municipal Income Fund Institutional Class (ATOIX)
| Fund Assets | 632.94M |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.45% |
| Dividend Growth | -10.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 10.03 |
| YTD Return | 0.48% |
| 1-Year Return | 2.33% |
| 5-Year Return | 8.29% |
| 52-Week Low | 10.03 |
| 52-Week High | 10.03 |
| Beta (5Y) | n/a |
| Holdings | 96 |
| Inception Date | Dec 6, 2002 |
About ATOIX
ATOIX was founded on 2002-12-06. The Fund's investment strategy focuses on Short Muni Debt with 0.45% total expense ratio. The minimum amount to invest in Aberdeen Funds: Aberdeen Ultra Short Municipal Income Fund; Institutional Class Shares is $1,000,000 on a standard taxable account. Aberdeen Funds: Aberdeen Ultra Short Municipal Income Fund; Institutional Class Shares seeks high after-tax current income consistent with preservation of capital. ATOIX invests in a combination of municipal obligations that pay interest that is free from federal income tax, and taxable debt obligations. ATOIX is expected to maintain a portfolio maturity range from three to five years.
Performance
ATOIX had a total return of 2.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.78%.
Top 10 Holdings
35.02% of assets| Name | Symbol | Weight |
|---|---|---|
| MISSISSIPPI ST BUSINESS FIN CORP - Mississippi Business Finance Corp | MS.MSSDEV 11.01.2032 | 6.28% |
| MARYLAND ST INDL DEV FING AUTH PORT FACS REVENUE - Maryland Industrial Development Financing Authority | n/a | 5.37% |
| HARRIS CNTY TX CULTURAL EDU FACS FIN CORP MED FACS REVENUE - Harris County Cultural Education Facilities Finance Corp | TX.HARMED 11.15.2046 | 3.23% |
| JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES - JPMorgan Chase Putters/Drivers Trust | OT.JPM 03.20.2027 | 3.10% |
| SEVIER CNTY TN PUBLIC BLDG AUTH - Public Building Authority of Sevier County TN/The | n/a | 2.98% |
| WEST VIRGINIA ST HOSP FIN AUTH - West Virginia Hospital Finance Authority | WV.WVSMED 06.01.2033 | 2.89% |
| PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE - Pennsylvania Higher Educational Facilities Authority | PA.PASHGR 09.01.2045 | 2.86% |
| CALIFORNIA ST STWD CMNTYS DEV AUTH REVENUE - California Statewide Communities Development Authority | CA.CASDEV 07.01.2040 | 2.80% |
| HLTH CARE AUTH FOR BAPTIST HLTH AL - Health Care Authority for Baptist Health/The | AL.HLTMED 11.01.2042 | 2.76% |
| ARKANSAS DEV FIN AUTH HLTHCARE REVENUE - Arkansas Development Finance Authority | AR.ARSDEV 09.01.2044 | 2.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.0252 | May 30, 2025 |
| Apr 30, 2025 | $0.03188 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02754 | Mar 31, 2025 |
| Feb 28, 2025 | $0.02317 | Feb 28, 2025 |
| Jan 31, 2025 | $0.02456 | Jan 31, 2025 |
| Dec 31, 2024 | $0.02961 | Dec 31, 2024 |