The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
North Square Preferred and Income Secs I ORDNX
- NAV / 1-Day Return 20.05 / +0.05 %
- Total Assets 115.7 Mil
-
Adj. Expense Ratio
0.970%
- Expense Ratio 0.970%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Preferred Stock
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 4.69%
- Effective Duration —
USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:18 PM GMT+0
Morningstar’s Analysis ORDNX
Will ORDNX 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 34.5
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Citigroup Inc. 3.875% | 3.96 | 3.3 Mil | Corporate |
M&T Bank Corporation 5.125% | 3.82 | 3.2 Mil | Corporate |
Bank of America Corp. 4.3% | 3.82 | 3.2 Mil | Corporate |
Ally Financial Inc FXDFR PRF PERPETUAL USD 1000 - Ser B | 3.53 | 3.0 Mil | Corporate |
KeyCorp 5% | 3.42 | 2.9 Mil | Corporate |
PNC Financial Services Group Inc. 5% | 3.31 | 2.8 Mil | Corporate |
Wells Fargo & Co. 3.9% | 3.30 | 2.8 Mil | Corporate |
Truist Financial Corp. 4.8% | 3.15 | 2.6 Mil | Corporate |
BNP Paribas SA 4.625% | 3.13 | 2.6 Mil | Corporate |
Discover Financial Services 5.5% | 3.03 | 2.5 Mil | Corporate |