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AlphaCentric Income Opportunities I IOFIX

Medalist Rating as of | See AlphaCentric Investment Hub
  • NAV / 1-Day Return 7.82  /  −0.13 %
  • Total Assets 346.5 Mil
  • Adj. Expense Ratio
    1.490%
  • Expense Ratio 1.650%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 7.68%
  • Effective Duration

USD | NAV as of Mar 18, 2024 | 1-Day Return as of Mar 18, 2024, 10:18 PM GMT+0

Morningstar’s Analysis IOFIX

Will IOFIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Weakness in AlphaCentric Income Opportunities I's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

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Portfolio Holdings IOFIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 37.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Carrington Mtg Ln 0.0001%

8.21 33.7 Mil
Securitized

CIT Mtg Ln Tr 5.22699%

7.26 29.8 Mil
Securitized

First American Treasury Obligs X

6.31 25.9 Mil
Cash and Equivalents

Option One Mortgage Loan Trust 2.83203%

3.40 14.0 Mil
Securitized

Freddie Mac Seasoned Credit Risk Transfer Trust 1.13452%

3.10 12.7 Mil
Securitized

TOWD POINT MORTGAGE TRUST 4.15297%

3.02 12.4 Mil
Securitized

Carrington Mtg Ln 0.0001%

2.74 11.3 Mil
Securitized

Citigroup Mortgage Loan Trust 3.94716%

2.65 10.9 Mil
Securitized

Abfc Trust 2.71692%

2.64 10.8 Mil
Securitized

NEW RESIDENTIAL MORTGAGE LOAN TRUST 4.00973%

2.37 9.7 Mil
Securitized