Morningstar

Meeder Tactical Income Fund Institutional Class BNDIX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $9.45  /  −0.11 %
  • Fund Size $169.5M
  • Adjusted Expense Ratio 1.240%
  • Net Expense Ratio 0.720%
  • Fee Level: Distribution Above Average
  • Share Class Type Institutional
  • Morningstar Category Nontraditional Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $1M
  • Investment Status Open
  • TTM Yield 4.71%
  • Average Effective Duration 3.70 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis BNDIX

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

  • 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.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

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.

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Portfolio Holdings BNDIX

More BNDIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 62.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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PGIM Total Return Bond R6

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Fidelity Advisor Capital & Income Z

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