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Morningstar

MH Elite Income Fund of Funds MHEIX

Morningstar Medalist Rating
Medalist Rating as of | See MH Elite Investment Hub
  • NAV / 1-Day Return 5.07  /  +0.60 %
  • Total Assets 13.4 Mil
  • Adj. Expense Ratio
    1.750%
  • Expense Ratio 1.750%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Global Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Status Open
  • TTM Yield 3.55%
  • Turnover 46%

USD | NAV as of May 16, 2024 | 1-Day Return as of May 16, 2024, 12:12 PM GMT+0

Morningstar’s Analysis MHEIX

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

  • People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit MH Elite Income Fund of Funds to a Morningstar Medalist Rating of Negative.

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 most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings MHEIX

More MHEIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 56.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Floating Rate High Income

6.86 906,729
—

Victory Core Plus Intermediate Bond Fund

6.10 806,163
—

Dodge & Cox Income I

5.86 774,437
—

Carillon Reams Core Plus Bond I

5.84 771,846
—

BrandywineGLOBAL High Yield I

5.67 749,695
—

Dodge & Cox Global Bond I

5.67 749,448
—

Fidelity Multi-Asset Income

5.56 735,412
—

Vanguard Tax-Managed Balanced Adm

5.26 694,793
—

River Canyon Total Return Bond Instl

5.14 679,892
—

PIMCO Income Instl

4.90 647,296
—