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 Systematic Macro Trnd (SMarT) N RWSNX
- NAV / 1-Day Return 18.39 / +0.11 %
- Total Assets 246.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.640%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Tactical Allocation
- Investment Style Large Value
- Credit Quality / Interest Rate Sensitivity High/Extensive
- Status Open
- TTM Yield 4.44%
- Turnover 385%
USD | NAV as of May 21, 2024 | 1-Day Return as of May 21, 2024, 12:12 AM GMT+0
Morningstar’s Analysis RWSNX
Will RWSNX 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 47.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Ishares Preferred & | 9.63 | 29.6 Mil | Corporate |
Redwood Real Estate Income Fund | 9.27 | 28.5 Mil | — |
Ishares Iboxx High Y | 6.80 | 20.9 Mil | — |
Spdr Bbg Barc Convtb | 5.94 | 18.3 Mil | — |
United States Treasury Bills 0% | 4.95 | 15.2 Mil | Government |
Apple Inc | 3.28 | 10.1 Mil | Technology |
Vanguard Small-Cap ETF | 2.88 | 8.9 Mil | — |
iShares Core S&P Small-Cap ETF | 2.87 | 8.8 Mil | — |
Vanguard FTSE All-Wld ex-US SmCp ETF | 2.57 | 7.9 Mil | — |
Schwab International Small-Cap Eq ETF™ | 2.56 | 7.9 Mil | — |