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Morningstar

Anfield Universal Fixed Income A AFLEX

Morningstar Medalist Rating
Medalist Rating as of | See Anfield Investment Hub
  • NAV / 1-Day Return 8.72  /  −0.23 %
  • Total Assets 142.5 Mil
  • Adj. Expense Ratio
    1.620%
  • Expense Ratio 1.620%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 5.38%
  • Effective Duration —

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 12:02 AM GMT+0

Morningstar’s Analysis AFLEX

Will AFLEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AFLEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AFLEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AFLEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A recent fee change and trends in other areas lead to an upgrade to Anfield Universal Fixed Income A's Morningstar Medalist Rating to Neutral from Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings AFLEX

More AFLEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

6.08 8.7 Mil
Government

Anfield Bbh Sweep

5.54 7.9 Mil
Cash and Equivalents

First Citizens BancShares Inc (Delaware) 9.61824%

2.65 3.8 Mil
Corporate

Voya CLO 2018-1, Ltd. / Voya CLO 2018-1, LLC 8.17118%

1.89 2.7 Mil
Securitized

Fidelity Floating Rate High Income

1.85 2.7 Mil
—

Aramark Services Inc. Floating Rate Due 04/1/2028

1.83 2.6 Mil
Corporate

Ecp Clo 2015-7 Ltd/Llc 7.54942%

1.66 2.4 Mil
Securitized

Vanguard High-Yield Corporate Adm

1.58 2.3 Mil
—

Cathedral Lake CLO 7.8756%

1.40 2.0 Mil
Securitized

Great Outdoors Group Llc Floating Rate Due 03/05/2028

1.37 2.0 Mil
Corporate