Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Redwood Managed Volatility I RWDIX
- NAV / 1-Day Return 10.95 / +0.09 %
- Total Assets 157.3 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.690%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 8.46%
- Effective Duration 3.13 years
USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 12:05 AM GMT+0
Morningstar’s Analysis RWDIX
Will RWDIX 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 80.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Vanguard High-Yield Corporate Adm | 22.39 | 36.7 Mil | — |
American Funds American High-Inc F3 | 12.96 | 21.2 Mil | — |
BlackRock High Yield Bond Instl | 12.87 | 21.1 Mil | — |
MainStay MacKay High Yield Corp Bd I | 9.53 | 15.6 Mil | — |
Redwood Real Estate Income Fund | 8.55 | 14.0 Mil | — |
Lord Abbett High Yield I | 6.44 | 10.6 Mil | — |
Principal High Income Inst | 6.44 | 10.5 Mil | — |
Us Bank Mmda - Usbgfs 9 | 2.20 | 3.6 Mil | Cash and Equivalents |
Us Dollar Swap | 1.02 | 1.7 Mil | Cash and Equivalents |
Transocean Inc. 8% | 0.32 | 521,446 | Corporate |