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Morningstar

Advisors Capital Tactical Fixed Inc ACTIX

Morningstar Medalist Rating
Medalist Rating as of | See Advisors Capital Investment Hub
  • NAV / 1-Day Return 9.13  /  +0.22 %
  • Total Assets 90.1 Mil
  • Adj. Expense Ratio
    2.040%
  • Expense Ratio 2.040%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.42%
  • Effective Duration 3.23 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:41 PM GMT+0

Morningstar’s Analysis ACTIX

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

  • People Pillar

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

Weakness in Advisors Capital Tactical Fixed Inc'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 most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings ACTIX

More ACTIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 98.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SPDR® Portfolio Interm Term Corp Bd ETF

20.03 16.0 Mil
—

iShares iBonds Dec 2028 Term Corp ETF

12.54 10.0 Mil
—

iShares iBonds Dec 2027 Term Corp ETF

10.02 8.0 Mil
—

Vanguard Interm-Term Corp Bd ETF

10.01 8.0 Mil
—

Invesco Variable Rate Preferred ETF

10.00 8.0 Mil
—

SPDR® Blmbg ST HY Bd ETF

9.98 8.0 Mil
—

iShares 0-5 Year High Yield Corp Bd ETF

9.97 8.0 Mil
—

Invesco BulletShares 2026 Corp Bd ETF

8.52 6.8 Mil
—

iShares iBonds Dec 2029 Term Corp ETF

7.52 6.0 Mil
—

Cash & Cash Equivalents

1.40 1.1 Mil
Cash and Equivalents