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.
Timber Point Alternative Income Instl AIIFX
- NAV / 1-Day Return 7.82 / −0.26 %
- Total Assets 14.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.130%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.31%
- Effective Duration 5.36 years
USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:04 PM GMT+0
Morningstar’s Analysis AIIFX
Will AIIFX 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 92.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
iShares Core US Aggregate Bond ETF | 23.55 | 3.2 Mil | — |
SPDR® Blmbrg SASB US Hi Yld Corp ESG ETF | 18.36 | 2.5 Mil | — |
Vanguard Short-Term Corporate Bond ETF | 16.95 | 2.3 Mil | — |
SPDR® Blmbg High Yield Bd ETF | 6.92 | 947,300 | — |
Invesco S&P 500® Equal Weight ETF | 6.91 | 946,800 | — |
iShares 1-3 Year Treasury Bond ETF | 5.99 | 820,400 | — |
iShares 20+ Year Treasury Bond ETF | 5.41 | 741,600 | — |
Blackstone Secured Lending Fund Ordinary Shares | 4.04 | 552,800 | Financial Services |
Federated Hermes Govt Obl IS | 2.86 | 392,352 | Cash and Equivalents |
Direxion Daily S&P500® Bull 3X ETF | 2.28 | 311,970 | — |