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.
Medlst Shrt Dur Inv SEMRX
- NAV / 1-Day Return 9.40 / +0.05 %
- Total Assets 316.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.860%
- Distribution Fee Level High
- Share Class Type No Load
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 6.19%
- Effective Duration 0.77 years
USD | NAV as of May 04, 2024 | 1-Day Return as of May 04, 2024, 12:13 AM GMT+0
Morningstar’s Analysis SEMRX
Will SEMRX 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 12.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
First American Government Obligs X | 4.20 | 11.9 Mil | Cash and Equivalents |
JP Morgan Mortgage Trust 2019-6 4.24% | 1.32 | 3.7 Mil | Securitized |
Freddie Mac Stacr Remic Trust 7.62% | 1.27 | 3.6 Mil | Securitized |
TRTX 2022-FL5 ISSUER, LTD 7.47% | 1.26 | 3.6 Mil | Securitized |
Freddie Mac Stacr Remic Trust 7.82% | 1.25 | 3.5 Mil | Securitized |
Freddie Mac Stacr Remic Trust 8.37% | 1.22 | 3.5 Mil | Securitized |
STAR 2021-SFR1 7.13% | 1.19 | 3.4 Mil | Securitized |
CONNECTICUT AVENUE SECURITIES TRUST 6.87% | 1.19 | 3.4 Mil | Securitized |
BDS LTD 7.78% | 1.13 | 3.2 Mil | Securitized |
Federal Home Loan Mortgage Corp. 11.82% | 1.13 | 3.2 Mil | Securitized |