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Morningstar

AAMA Income AMFIX

Morningstar Medalist Rating
Medalist Rating as of | See AAMA Investment Hub
  • NAV / 1-Day Return 23.63  /  −0.04 %
  • Total Assets 147.2 Mil
  • Adj. Expense Ratio
    0.950%
  • Expense Ratio 0.950%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 10,000
  • Status Open
  • TTM Yield 2.00%
  • Effective Duration —

USD | NAV as of May 17, 2024 | 1-Day Return as of May 17, 2024, 10:12 PM GMT+0

Morningstar’s Analysis AMFIX

Will AMFIX 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 AMFIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AMFIX 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 AMFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

AAMA Income's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings AMFIX

More AMFIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 42.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American US Treasury Money Mkt Z

43.05 62.5 Mil
Cash and Equivalents

Vanguard Mortgage-Backed Secs ETF

8.89 12.9 Mil
—

Federal National Mortgage Association 2.125%

7.50 10.9 Mil
Government

United States Treasury Notes 0.5%

6.12 8.9 Mil
Government

United States Treasury Notes 1.125%

6.10 8.9 Mil
Government

United States Treasury Notes 2.5%

4.12 6.0 Mil
Cash and Equivalents

Federal National Mortgage Association 0.75%

3.62 5.3 Mil
Government

United States Treasury Notes 1.875%

3.40 4.9 Mil
Government

Federal Home Loan Banks 2.75%

3.39 4.9 Mil
Government

Federal Farm Credit Banks 1.75%

3.34 4.9 Mil
Government