Morningstar

Cliffwater Enhanced Lending Fund Class D CLDFX

Morningstar Medalist Rating
Medalist Rating as of

Morningstar’s Analysis CLDFX

Will CLDFX outperform in the 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 CLDFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Broad exposure to the private credit market.

Principal Brian Moriarty

Brian Moriarty

Principal

Summary

Cliffwater Enhanced Lending offers broad access to private credit, but much of its team is still new to the firm, and the strategy carries additional liquidity risk. It earns Average People and Average Process ratings.

by Brian Moriarty
Rated on Published on

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