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Morningstar

OneAscent Core Plus Bond ETF OACP

Morningstar Medalist Rating
Medalist Rating as of | See OneAscent Investment Hub

Morningstar’s Analysis OACP

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

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

An average Process Pillar and a subpar Parent Pillar help limit OneAscent Core Plus Bond ETF to a Morningstar Medalist Rating of Neutral. 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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings OACP

More OACP Holdings
  • Current Portfolio Date May 30, 2023
  • Equity Holdings 0
  • Bond Holdings 111
  • Other Holdings 3
  • % Assets in Top 10 Holdings 23.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.375%

3.87
4,038,143
Government

United States Treasury Bonds 3.875%

3.52
3,672,805
Government

United States Treasury Bonds 3.625%

2.71
2,833,599
Government

Federal National Mortgage Association 3.5%

2.42
2,530,854
Securitized

Fnma Pass-Thru I 3%

2.34
2,444,692
Securitized

Federal National Mortgage Association 4.5%

1.90
1,986,442
Securitized

Fnma Pass-Thru I 2.5%

1.79
1,872,115
Securitized

DISTRICT COLUMBIA REV 3.85%

1.63
1,700,046
municipal

Government National Mortgage Association 3%

1.51
1,581,151
Securitized

United States Treasury Notes 3.875%

1.50
1,566,764
Government