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.
Catalyst Insider Income I IIXIX
- NAV / 1-Day Return 9.07 / +0.01 %
- Total Assets 55.9 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.760%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 4.93%
- Effective Duration —
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0
Morningstar’s Analysis IIXIX
Will IIXIX 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 67.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Sofi Technologies Inc 0% | 11.67 | 6.8 Mil | Corporate |
Two Harbors Investment Corp. 6.25% | 11.07 | 6.5 Mil | Corporate |
Redwood Trust Inc 5.625% | 7.82 | 4.6 Mil | Corporate |
Prospect Capital Corp. 6.375% | 7.02 | 4.1 Mil | Corporate |
Ambac Assurance Corporation 0% | 6.40 | 3.7 Mil | Corporate |
Rwt Holdings Inc 5.75% | 4.88 | 2.9 Mil | Corporate |
TransDigm, Inc. 6.25% | 4.61 | 2.7 Mil | Corporate |
Prospect Capital Corp. 3.706% | 4.58 | 2.7 Mil | Corporate |
The Sherwin-Williams Company 3.125% | 4.57 | 2.7 Mil | Corporate |
New Mountain Finance Corporation 7.5% | 4.53 | 2.7 Mil | Corporate |