05/19/2017

Diana Herrmann discusses Fund strategy with Providence Business News

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Following the recent 25th annual shareholder meeting of Aquila Narragansett Tax-Free Income Fund, Diana Herrmann, President of the Fund and CEO of Aquila Investment Management LLC, was interviewed by Providence Business News.  During the interview, Ms. Herrmann discussed the important role the Fund has played in supporting economic and infrastructure development in Rhode Island, and in providing Rhode Island residents with income exempt from both state and federal income tax.

Ms. Herrmann pointed out that “Aquila Narragansett Tax-Free Income Fund has financed major Rhode Island projects such as the enhancement of T.F. Green Airport and the construction of the Rhode Island Convention Center, Women & Infants Hospital, the University of Rhode Island’s Ryan Center and Bradford Boss Ice Arena, as well as local projects involving Rhode Island’s other colleges and universities (such as Brown University, Bryant University, Johnson & Wales University, New England Institute of Technology and Providence College) and clean water projects throughout the state”.

You’ll find the full interview on the Providence Business News site.

Shares of the Fund may only be sold by offering the Fund’s Prospectus. Before investing in a Fund, carefully read about and consider the investment objectives, risks, charges, expenses, and other information found in the Fund prospectus. The prospectus is available on this site, from your financial adviser, and when you call 800-437-1020.

12/02/2015

Barron’s Profiles Co-Portfolio Manager Sandy Rufenacht

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Barron’s profiled the co-portfolio manager of Aquila Three Peaks Opportunity Growth Fund and Aquila Three Peaks High Income Fund, Sandy Rufenacht, in its November 16, 2015 issue in an article by Reshma Kapadia titled “Two for the Money.”

Sandy Rufenacht Co-Portfolio Manager

Sandy Rufenacht
Co-Portfolio Manager

The distinctive research and investment approach implemented in managing both funds is described as originating with intensive debt analysis while gathering detailed information about a company, often from unconventional sources. Other elements of the research and strategy include developing an understanding of free cash flow and debt covenants.

Spend some time reading the Barron’s article to gain a perspective on the strategies of the two funds, and see the Investment Process Summary for both funds.

For the most recent quarter-end performance, see the Aquila Three Peaks High Income Fund Fact Sheet and the Aquila Three Peaks Opportunity Growth Fund Fact Sheet.

Before investing in one of the Aquila Group of Funds, carefully read about and consider the investment objectives, risks, charges, expenses, and other information found in the Fund prospectus. The prospectus is available on this site, from your financial advisor, or by calling 800-437-1020.

10/21/2015

Todd Curtis quoted in Bloomberg on Arizona Cardinals Stadium Debt

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In Bloomberg’s October 19, 2015 article regarding bonds issued by the Arizona Sports & Tourism Authority to help construct a stadium for the NFL’s Arizona Cardinals, Todd Curtis, portfolio manager of Aquila Tax-Free Trust of Arizona commented on the on-going legal battles involving the issuance. Mr. Curtis indicated that Arizona Sports & Tourism Authority could probably continue to make bond payments, and may eventually require support from the state of Arizona. The fund does not hold the bonds.