Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
BTS Tactical Fixed Income A BTFAX
- NAV / 1-Day Return 7.62 / −0.13 %
- Total Assets 67.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.900%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.58%
- Effective Duration 4.22 years
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:10 PM GMT+0
Morningstar’s Analysis BTFAX
Will BTFAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 100.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Xtrackers USD High Yield Corp Bd ETF | 51.15 | 37.0 Mil | — |
SPDR® Blmbg High Yield Bd ETF | 20.45 | 14.8 Mil | — |
iShares 7-10 Year Treasury Bond ETF | 18.63 | 13.5 Mil | — |
VanEck High Yield Muni ETF | 5.15 | 3.7 Mil | — |
SPDR® Blmbg Convert Secs ETF | 5.09 | 3.7 Mil | — |
Us Dollars | −0.47 | −341,489 | Cash and Equivalents |