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Axonic Strategic Income Fund Class A Shares AXSAX

Morningstar Medalist Rating
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Medalist Rating as of See Axonic Capital Investment Hub
  • NAV / 1-Day Return $8.54  /  0.00
  • Fund Size $3.7B
  • Adjusted Expense Ratio 1.430%
  • Net Expense Ratio 1.400%
  • Fee Level: Distribution High
  • Share Class Type Front Load
  • Morningstar Category Multisector Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 4.79%
  • Average Effective Duration 2.53 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis AXSAX

Will AXSAX outperform in the 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 AXSAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Not like the others, but that’s not a bad thing.

Principal Brian Moriarty

Brian Moriarty

Principal

Summary

A strong team guides Axonic Strategic Income through structured credit waters.

by Brian Moriarty
Rated on Published on

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Portfolio Holdings AXSAX

More AXSAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Government Obligs X

8.58 344M
Cash and Equivalents

United States Treasury Notes 3.88%

5.93 237M
Government

United States Treasury Notes 4.63%

2.49 100M
Government

Center Street Rtl Loans

1.10 44M
Cash and Equivalents

RCO X MORTGAGE LLC 2025-5 5.42%

0.90 36M
Securitized

United States Treasury Notes 4.25%

0.82 33M
Government

CENTER STREET LENDING RESI-INVESTOR ABS MORTGAGE TRUST 2026-RTL1 5.38%

0.80 32M
Securitized

RCO IX MORTGAGE LLC 2025-4 5.31%

0.77 31M
Securitized

MCR 2024-TWA MORTGAGE TRUST 8.73%

0.64 26M
Securitized

Fremf 2019-KF73 Mortgage Trust 3.96%

0.64 26M
Securitized

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