Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
BTS Managed Income A BTSAX
- NAV / 1-Day Return 9.43 / −0.21 %
- Total Assets 8.3 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.070%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.33%
- Effective Duration 4.07 years
USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:12 PM GMT+0
Morningstar’s Analysis BTSAX
Will BTSAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 65.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Xtrackers USD High Yield Corp Bd ETF | 18.80 | 1.6 Mil | — |
iShares Treasury Floating Rate Bond ETF | 9.02 | 757,914 | — |
SPDR® Blmbg High Yield Bd ETF | 5.98 | 502,811 | — |
Invesco CEF Income Composite ETF | 5.09 | 427,752 | — |
SPDR® Blmbg Intl Corp Bd ETF | 4.89 | 411,348 | — |
iShares 20+ Year Treasury Bond ETF | 4.88 | 410,248 | — |
Alerian MLP ETF | 4.26 | 358,027 | — |
Invesco Variable Rate Preferred ETF | 4.06 | 341,498 | — |
iShares Floating Rate Bond ETF | 4.02 | 337,864 | — |
Janus Henderson B-BBB CLO ETF | 4.02 | 337,677 | — |