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.
Matisse Discounted Cl-End Fd Strat Instl MDCEX
- NAV / 1-Day Return 6.59 / −0.30 %
- Total Assets 44.3 Mil
-
Adj. Expense Ratio
- Expense Ratio 3.360%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Tactical Allocation
- Investment Style Mid Blend
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 7.59%
- Turnover 30%
USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 9:36 PM GMT+0
Morningstar’s Analysis MDCEX
Will MDCEX 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 43.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Pershing Sq Hldgs | 7.25 | 3.6 Mil | — |
Tetragon Financial Ord | 6.81 | 3.4 Mil | Financial Services |
Destra Multi-Alternative | 4.21 | 2.1 Mil | — |
Neuberger Brmn Nxt Gnrtn Cnnctvty | 3.78 | 1.9 Mil | — |
Highland Opportunities and Income Ord | 3.67 | 1.8 Mil | — |
Taiwan Fund | 3.58 | 1.8 Mil | — |
BlackRock Science and Tech Term ord | 3.51 | 1.7 Mil | — |
Mexico Fund | 3.47 | 1.7 Mil | — |
Third Point Investors USD Ord | 3.46 | 1.7 Mil | — |
Bexil Investment Trust | 3.38 | 1.7 Mil | — |