Morningstar

BTS Tactical Fixed Income Fund Class R BTFRX

Morningstar Medalist Rating
Medalist Rating as of | See BTS Investment Hub
  • NAV / 1-Day Return 7.47  /  −0.13 %
  • Total Assets 33.1M
  • Adj. Expense Ratio
    2.330%
  • Expense Ratio 2.220%
  • Distribution Fee Level High
  • Share Class Type Retirement, Medium
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.60%
  • Effective Duration 2.96 years

USD | NAV as of Jul 22, 2026 | 1-Day Return as of Jul 22, 2026, 10:45 PM GMT+0

Morningstar’s Analysis BTFRX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

BTS Tactical Fixed Income R holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings BTFRX

More BTFRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 46.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
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