Six Circles Tax Aware Bond (CBTAX)
Six Circles Tax Aware Bond operates in the Asset Management industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $9.30, down 0.43% on the session, giving a market capitalisation of $17.41B. Its beta of 0.88 implies it has historically moved less than the broad market.
Under normal operating conditions, this fund is committed to investing at least 80% of its total net assets (including any borrowed capital) in a range of fixed-income securities and other debt-like instruments that offer comparable economic characteristics. A significant portion, specifically a minimum of 50% of its holdings, will be allocated to municipal securities, generating income that is exempt from federal income tax. The fund also retains the flexibility to invest in fixed-income instruments where the income is subject to taxation.
Six Circles Tax Aware Bond is most often compared with the following Financial Services names: