Tributary Nebraska Tax-Free Fund - Institutional Plus Class (FONPX) Research
Under typical market conditions, the fund allocates a minimum of 80% of its total capital (defined as its net assets combined with any funds borrowed for investment purposes) to municipal bonds. These bonds are specifically selected to provide income that is exempt from Nebraska state income tax, federal income tax, and the federal Alternative Minimum Tax (AMT). Furthermore, the fund restricts its holdings such that no more than 10% of its assets will be invested in municipal securities whose interest is subject to the Alternative Minimum Tax. This fund operates as a non-diversified investment vehicle.
Market snapshot
- Symbol
- FONPX
- Price
- $9.32
- Day change
- +0.11%
- Market cap
- $54.7M
- 52-week range
- 9.04-9.44
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- AMG River Road Focused Absolute Value Fund - Class N (ARRFX)
- Shelton Tactical Credit Fund - Investor Class (DEBTX)
- AMG River Road Large Cap Value Select Fund Class N (FQUAX)
- Emerald Finance and Banking Innovation Fund - A (HSSAX)
- Emerald Finance and Banking Innovation Fund - C (HSSCX)
- Emerald Banking and Finance Fund Institutional Class (HSSIX)
- Scharf Multi-Asset Opportunity Fund Retail Class (LOGBX)
- AMG Veritas China Fund Class N (MMCFX)
Open Tributary Nebraska Tax-Free Fund - Institutional Plus Class (FONPX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.