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Morningstar

Navigator Tactical Fixed Income I NTBIX

Morningstar Medalist Rating
Medalist Rating as of | See NAVigator Investment Hub
  • NAV / 1-Day Return 9.71  /  −0.21 %
  • Total Assets 7.1 Bil
  • Adj. Expense Ratio
    1.070%
  • Expense Ratio 1.070%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 25,000
  • Status Open
  • TTM Yield 5.76%
  • Effective Duration 3.31 years

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0

Morningstar’s Analysis NTBIX

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

  • People Pillar

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

A decline in its Process Pillar rating is the primary driver of Navigator Tactical Fixed Income I's downgrade to a Morningstar Medalist Rating of Neutral from Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings NTBIX

More NTBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 37.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares iBoxx $ High Yield Corp Bd ETF

20.43 1.4 Bil
—

United States Treasury Bills 0%

7.42 496.5 Mil
Government

United States Treasury Bills 0%

7.41 495.6 Mil
Government

United States Treasury Notes 5.45075%

7.02 469.9 Mil
Government

Dreyfus Treasury Obligations Csh Mgt Ins

5.92 395.8 Mil
Cash and Equivalents

United States Treasury Bills 0%

5.18 346.8 Mil
Government

United States Treasury Bills 0%

5.18 346.5 Mil
Government

United States Treasury Bills 0%

4.46 298.2 Mil
Government

SPDR® Blmbg High Yield Bd ETF

4.30 287.9 Mil
—

United States Treasury Bills 0%

3.72 249.0 Mil
Government