Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
CCM Community Impact Bond CRA CRAIX
- NAV / 1-Day Return 9.35 / −0.21 %
- Total Assets 3.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.890%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Intermediate Core Bond
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment 500,000
- Status Open
- TTM Yield 2.63%
- Effective Duration 4.51 years
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:12 PM GMT+0
Morningstar’s Analysis CRAIX
Will CRAIX 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 9.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Ccmtristate Fl.Cd 11/1/20 | 1.26 | 42.1 Mil | Cash and Equivalents |
Bank of America Corp. 6.204% | 1.19 | 39.7 Mil | Corporate |
American Express Company 4.05% | 1.07 | 35.7 Mil | Corporate |
Prologis, L.P. 4.625% | 1.06 | 35.3 Mil | Corporate |
United States Treasury Notes 3.5% | 1.03 | 34.2 Mil | Government |
United States Treasury Notes 4.875% | 1.01 | 33.6 Mil | Government |
Comcast Corporation 4.65% | 0.79 | 26.4 Mil | Corporate |
First American Government Obligs X | 0.79 | 26.4 Mil | Cash and Equivalents |
Alphabet Inc. 1.1% | 0.77 | 25.8 Mil | Corporate |
United States Treasury Notes 4.5% | 0.75 | 24.9 Mil | Government |