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Ave Maria Bond AVEFX

Analyst rating as of
NAV / 1-Day Return
12.61  /  0.40 %
Total Assets
449.9 Mil
Adj. Expense Ratio
0.430%
Expense Ratio
0.430%
Fee Level
Low
Longest Manager Tenure
7.61 years
Category
Allocation--15% to 30% Equity
Investment Style
Large Value
Credit Quality / Interest Rate Sensitivity
Status
Open
TTM Yield
1.56%
Turnover
47%
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Morningstar’s Analysis

Will AVEFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A notable departure is cause for reconsideration of this Catholic investing-based core bond offering.

Associate Director

Summary

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Ave Maria Bond is distinguished by its Catholic approach to investing, though it lacks a compelling competitive advantage over its allocation--15% to 30% equity Morningstar Category peers. Additionally, sparse fixed-income resources and a key manager retirement warrant a downgrade to the strategy’s People Pillar rating to Below Average from Average. The strategy maintains its Morningstar Analyst Rating of Neutral.

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