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Morningstar

Artisan Floating Rate Institutional APHUX

Morningstar Medalist Rating
Medalist Rating as of | See Artisan Partners Investment Hub
  • NAV / 1-Day Return 9.66  /  0.08 %
  • Total Assets 48.8 Mil
  • Adj. Expense Ratio
    1.070%
  • Expense Ratio 1.070%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000,000
  • Status Open
  • TTM Yield 8.03%
  • Effective Duration —

USD | NAV as of Sep 27, 2023 | 1-Day Return as of Sep 27, 2023, 10:12 PM GMT+0

Morningstar’s Analysis APHUX

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

People Pillar

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

Artisan Floating Rate Institutional boasts strong People and Process Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

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 second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings APHUX

More APHUX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 66
  • Other Holdings 9
  • % Assets in Top 10 Holdings 30.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Gridiron Fiber Corp.-Initial Term Loan (First Lien

4.40
2,053,607
Corporate

Ukg Inc.-2021-2 Incremental Term Loan (First Lien)

3.76
1,755,010
Corporate

Renaissance Holding Corp.-Initial Term Loan (First

3.65
1,703,693
Corporate

Amynta Agency Borrower Inc. (Amynta Warranty Borro

3.12
1,456,370
Corporate

Virgin Pulse, Inc.-Initial Term Loan (First Lien)

2.99
1,394,271
Corporate

BLACKROCK T-FUND - INST SHARES FUND 30

2.82
1,315,288
Cash and Equivalents

FIDELITY TREASURY PORTFOLIO - INST SHARES - FUND

2.74
1,276,633
Cash and Equivalents

FEDERATED TREASURY OBLIGATIONS INST SHARES - FUND

2.74
1,276,563
Cash and Equivalents

Medline Borrower, Lp-Initial Dollar Term Loan Cme

2.64
1,233,657
Corporate

Employbridge Holding Company-Term B Loan CME Term

2.64
1,231,266
Corporate