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Optimum Fixed Income A OAFIX

Medalist Rating as of | See Macquarie Investment Hub
  • NAV / 1-Day Return 8.15  /  −0.12 %
  • Total Assets 2.7 Bil
  • Adj. Expense Ratio
    1.060%
  • Expense Ratio 1.060%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.97%
  • Effective Duration 6.56 years

USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 11:50 PM GMT+0

Morningstar’s Analysis OAFIX

Will OAFIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Optimum Fixed Income A 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.

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Portfolio Holdings OAFIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 18.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Repurchase Agreement

9.65 358.1 Mil
Cash and Equivalents

Repurchase Agreement

9.45 350.5 Mil
Cash and Equivalents

Repurchase Agreement

4.04 150.0 Mil
Cash and Equivalents

Federal National Mortgage Association 3%

3.20 118.8 Mil
Securitized

Federal National Mortgage Association 5%

2.94 109.0 Mil
Securitized

Federal National Mortgage Association 5.5%

2.83 105.1 Mil
Securitized

Usd/Eur Fwd 20240202

2.67 99.2 Mil
Derivative

Eur/Usd Fwd 20240202

2.52 93.3 Mil
Derivative

Usd/Eur Fwd 20240304

2.50 92.8 Mil
Derivative

Federal National Mortgage Association 4%

1.79 66.4 Mil
Securitized