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.
Absolute Capital Asset Allocator Inv AAMCX
- NAV / 1-Day Return 10.31 / −0.29 %
- Total Assets 42.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.860%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Tactical Allocation
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield —
- Turnover 159%
USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:09 PM GMT+0
Morningstar’s Analysis AAMCX
Will AAMCX 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 55.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Invesco S&P 500 Revenue ETF | 8.62 | 3.7 Mil | — |
Vanguard Industrials ETF | 8.13 | 3.5 Mil | — |
Invesco S&P 500® High Div Low Vol ETF | 7.61 | 3.3 Mil | — |
United States Treasury Bills 0% | 6.18 | 2.7 Mil | Government |
Invesco QQQ Trust | 6.18 | 2.7 Mil | — |
United States Treasury Bills 0% | 5.99 | 2.6 Mil | Government |
First American Government Obligs X | 5.91 | 2.6 Mil | Cash and Equivalents |
SPDR® S&P 1500 Value Tilt ETF | 5.64 | 2.4 Mil | — |
Vanguard Total Stock Market ETF | 4.95 | 2.1 Mil | — |
Vanguard Communication Services ETF | 4.51 | 2.0 Mil | — |