Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
North Square Strategic Income A ADVAX
- NAV / 1-Day Return 8.96 / +0.56 %
- Total Assets 166.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.160%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.15%
- Effective Duration —
USD | NAV as of May 04, 2024 | 1-Day Return as of May 04, 2024, 12:05 AM GMT+0
Morningstar’s Analysis ADVAX
Will ADVAX 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 21.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
First American Treasury Obligs X | 5.41 | 8.0 Mil | Cash and Equivalents |
UBS Group Funding (Switzerland) AG 6.875% | 2.68 | 3.9 Mil | Corporate |
Government National Mortgage Association 3.5% | 2.39 | 3.5 Mil | Securitized |
Truist Financial Corp. 4.8% | 2.33 | 3.4 Mil | Corporate |
American Electric Power Co, Inc. 3.875% | 2.29 | 3.4 Mil | Corporate |
Government National Mortgage Association 2.5% | 2.22 | 3.3 Mil | Securitized |
Ally Financial Inc FXDFR PRF PERPETUAL USD 1000 - Ser B | 2.10 | 3.1 Mil | Corporate |
BNP Paribas SA 4.625% | 2.08 | 3.1 Mil | Corporate |
Federal Home Loan Mortgage Corp. 5.5% | 2.00 | 3.0 Mil | Securitized |
Plains All American Pipeline L.P. 9.75133% | 1.98 | 2.9 Mil | Corporate |