9 important things you should know about IKTEX mutual fund
Updated: October 29, 2021
Bull case
No sales load or distribution fees
Bear case
Low net assets

Before we start: if you’re looking for IKTEX “stock” price, you can quickly find it out by visiting Finny and typing "IKTEX quote". If you’re looking for a quick scoop on IKTEX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "IKTEX". You’ll get all this info in one place.

Are you looking to buy or sell IKTEX? Or perhaps you’re looking for IKTEX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this IKTEX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: IKTEX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: IKTEX buy or sell; the pros and cons of investing in IKTEX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to IKTEX.

And here is the list of questions we’ll answer:

  1. Describe American Independence Funds Trust: American Independence Kansas Tax-Exempt Bond Fund; Class C Shares (IKTEX).
  2. What are IKTEX holdings?
  3. What is IKTEX performance? What are IKTEX historical returns?
  4. What is IKTEX dividend yield?
  5. What is IKTEX minimum initial investment amount?
  6. Does IKTEX have any sales loads or 12b-1 distribution expenses?
  7. What is IKTEX Finny Score? IKTEX buy or sell?
  8. What are the pros of investing in IKTEX? What are IKTEX buy reasons?
  9. What are the cons of investing in IKTEX? What are IKTEX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe American Independence Funds Trust: American Independence Kansas Tax-Exempt Bond Fund; Class C Shares (IKTEX).

2. What are IKTEX top holdings?

IKTEX has 0 stock holdings and 0 bond holdings.

The top 1 holding represent 1.30% of total assets. Here are the top holdings:

Name Symbol % Assets
Johnson Cnty Kans Wtr Dist 3.25% N/A 1.30%

3. What is IKTEX performance? What are IKTEX historical returns?

IKTEX has generated the following returns:

4. What is IKTEX dividend yield?

IKTEX yield is %.

5. What is IKTEX minimum initial investment amount?

IKTEX minimum initial investment amount is $5.00K.

6. Does IKTEX have any sales loads or 12b-1 distribution expenses?

IKTEX 12b-1 distribution fee is 0. IKTEX front-end sales load is 0. IKTEX back-end sales load is 0.

Analysis

7. What is Finny Score? buy or sell?

Finny Score is N/A. Our quantitative analysis shows 1 reason to buy and 1 reason to sell. Finny Scores are not available if there are insufficient data points from the analysis.

8. What are the pros of investing in IKTEX? What are IKTEX buy reasons?

The following are IKTEX strengths from our perspective:

  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

9. What are the cons of investing in IKTEX? What are IKTEX negatives?

The following are IKTEX weaknesses from our perspective:

  • IKTEX net assets are $0.00 million. This fund is not a popular choice with retail investors.
In the IKTEX review, we covered IKTEX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.