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Morningstar

AXS Income Opportunities I OIOIX

Morningstar Medalist Rating
Medalist Rating as of | See AXS Investment Hub
  • NAV / 1-Day Return 15.17  /  +0.13 %
  • Total Assets 59.5 Mil
  • Adj. Expense Ratio
    1.400%
  • Expense Ratio 2.200%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Preferred Stock
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 7.24%
  • Effective Duration —

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:17 PM GMT+0

Morningstar’s Analysis OIOIX

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

  • People Pillar

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

Weakness in AXS Income Opportunities I's Process and People Pillar ratings limits this strategy 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 second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings OIOIX

More OIOIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 32.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

RLJ Lodging Trust USD 1.95 Cum Conv Pfd Registered Shs Series -A-

5.42 3.6 Mil
Real Estate

AGNC Investment Corp Deposit Shs Repr 1/1000th Cum Conv Red Pfd Shs Series

4.35 2.9 Mil
Real Estate

Armada Hoffler Properties Inc Series A

3.62 2.4 Mil
Real Estate

Summit Hotel Properties Inc PRF PERPETUAL USD 25 - Ser F

3.42 2.3 Mil
Real Estate

KKR Real Estate Finance Trust Inc 6.50% PRF PERPETUAL USD 25

3.33 2.2 Mil
Real Estate

Annaly Capital Management Inc Cum Conv Red Pfd Registered Shs Series -F-

2.83 1.9 Mil
Real Estate

EPR Properties 5.70% PRF PERPETUAL USD 25 - Ser G

2.57 1.7 Mil
Real Estate

DigitalBridge Group Inc Cum Conv Red Perp Pfd Shs Series -J-

2.53 1.7 Mil
Real Estate

Diamondrock Hospitality Co 8.25% PRF PERPETUAL USD 25 - Ser A

2.45 1.6 Mil
Real Estate

Pebblebrook Hotel Trust 6.30% PRF PERPETUAL USD - Ser F

2.41 1.6 Mil
Real Estate