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.
Toews Unconstrained Income TUIFX
- NAV / 1-Day Return 9.19 / +0.22 %
- Total Assets 41.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.360%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 10,000
- Status Open
- TTM Yield 4.27%
- Effective Duration 2.24 years
USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:21 PM GMT+0
Morningstar’s Analysis TUIFX
Will TUIFX 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 74.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Bills 0% | 24.83 | 10.7 Mil | Government |
SPDR® Blmbg High Yield Bd ETF | 16.70 | 7.2 Mil | — |
iShares iBoxx $ High Yield Corp Bd ETF | 15.17 | 6.5 Mil | — |
iShares Floating Rate Bond ETF | 15.06 | 6.5 Mil | — |
BlackRock High Yield Bond Instl | 11.99 | 5.2 Mil | — |
PIMCO High Yield Instl | 5.92 | 2.5 Mil | — |
Janus Henderson AAA CLO ETF | 5.03 | 2.2 Mil | — |
BlackRock AAA CLO ETF | 5.02 | 2.2 Mil | — |
Banksafe Toews Money Market | 0.32 | 137,391 | Cash and Equivalents |
Cash | −0.03 | −10,968 | Cash and Equivalents |