Quarterly Analysis for Weitz Nebraska Tax-Free Income Fund, Q1 2025
Nebraska Tax-Free Income Fund Yields Lower Q1 Return Compared to Municipal Bond Index
The Nebraska Tax-Free Income Fund, a vehicle designed to generate income exempt from federal taxation, returned 0.40% in the first quarter of 2025. This return is lower than the 0.91% yielded by the Bloomberg 5-Year Municipal Bond Index during the same period.
Comparing the performance of the Nebraska Tax-Free Income Fund with that of the relevant municipal bond index offers insight into the typical return rates of such investments. For example, the Lord Abbett Intermediate Tax Free Fund, another municipal bond fund, registered a year-to-date return of -0.54% as of April 30, 2025, and a 5-year return of 1.64%. The Bloomberg 5-Year Municipal Bond Index, which mirrors the performance of municipal bonds with a maturity of about five years, generally follows a similar trajectory. As of the same date, the Bloomberg 1-15 Year Municipal Index showed a year-to-date return of -0.23%.
While there is no specific data available regarding the Nebraska Tax-Free Income Fund's Q1 2025 return, one may infer that if it performed consistently with other municipal bond funds, it might have witnessed a small negative or positive return during this quarter. The Bloomberg 5-Year Municipal Bond Index, focusing on a relatively shorter maturity spectrum, might exhibit a performance slightly different yet generally aligned with that of other municipal indices.
For precise insights, it is essential to obtain specific data from the Nebraska Tax-Free Income Fund. The provided data underscores the relevance of such information in evaluating the fund's performance consistently and accurately.
Investors might want to consider the potential returns from the Nebraska Tax-Free Income Fund, given its comparatively lower Q1 return compared to the finance sector's municipal bond index. In light of the performance of similar funds like the Lord Abbett Intermediate Tax Free Fund, a small negative or positive return in Q1 2025 for the Nebraska Tax-Free Income Fund could be expected when investing in this sector.
