Meeder Tactical Income Institutional holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
Meeder Tactical Income Fund Institutional Class BNDIX
- NAV / 1-Day Return 9.66 / +0.10 %
- Total Assets 154.8M
-
Adj. Expense Ratio
1.240%
- Expense Ratio 0.720%
- Distribution Fee Level Above Average
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1M
- Status Open
- TTM Yield 4.85%
- Effective Duration 3.09 years
USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 12:27 AM GMT+0
Morningstar’s Analysis BNDIX
Will BNDIX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the BNDIX 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 BNDIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 82.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Cash And Equivalents | 17.63 | 27M | Cash and Equivalents |
Fidelity Advisor Capital & Income Z | 16.63 | 25M | — |
PIMCO Low Duration Income Instl | 14.28 | 22M | — |
Diamond Hill Short Dur Securitized Bd Y | 10.99 | 17M | — |
PGIM Total Return Bond R6 | 10.84 | 16M | — |
Guggenheim Total Return Bond Instl | 10.77 | 16M | — |
Eaton Vance Emerging Markets Dbt Opps R6 | 9.96 | 15M | — |
State Street® SPDR® Blmbg Hi Yld Bd ETF | 8.89 | 13M | — |
United States