Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Leader Short Term High Yield Bond Inv LCCMX
- NAV / 1-Day Return 8.20 / −0.22 %
- Total Assets 59.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 3.240%
- Distribution Fee Level High
- Share Class Type Level Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 10.56%
- Effective Duration —
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 11:50 PM GMT+0
Morningstar’s Analysis LCCMX
Will LCCMX 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 35.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
First American Government Obligs X | 11.37 | 3.8 Mil | Cash and Equivalents |
MARATHON CLO XIII LTD 0.12635% | 4.58 | 1.5 Mil | Securitized |
B. Riley Financial Inc 0.0675% | 4.00 | 1.3 Mil | Corporate |
VTB Eurasia Designated Activity Company 0.095% | 3.80 | 1.3 Mil | Corporate |
Canyon Capital CLO 2014-1 Ltd. 0.10799% | 3.74 | 1.2 Mil | Securitized |
Steele Creek CLO 2014-1 Ltd./LLC 0.11011% | 3.59 | 1.2 Mil | Securitized |
Atlas Senior Loan Fund Vii. Lt 0.11863% | 3.51 | 1.2 Mil | Securitized |
DISH Network Corporation 0% | 3.20 | 1.1 Mil | Corporate |
1828 CLO Ltd/LLC 0.1216% | 2.97 | 986,645 | Securitized |
THL CREDIT WIND RIVER CLO LTD 0.1132% | 2.90 | 962,642 | Securitized |