Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
BTS Managed Income I BTSIX
- NAV / 1-Day Return 9.27 / −0.32 %
- Total Assets 8.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.860%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 2.54%
- Effective Duration 4.33 years
USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 10:11 PM GMT+0
Morningstar’s Analysis BTSIX
Will BTSIX 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 61.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Xtrackers USD High Yield Corp Bd ETF | 15.05 | 1.3 Mil | — |
iShares Treasury Floating Rate Bond ETF | 9.05 | 757,914 | — |
SPDR® Blmbg High Yield Bd ETF | 6.02 | 504,139 | — |
iShares 20+ Year Treasury Bond ETF | 5.03 | 421,051 | — |
Invesco CEF Income Composite ETF | 5.01 | 419,916 | — |
SPDR® Blmbg Intl Corp Bd ETF | 4.98 | 416,772 | — |
Alerian MLP ETF | 4.16 | 348,232 | — |
Invesco Variable Rate Preferred ETF | 4.06 | 339,763 | — |
iShares 7-10 Year Treasury Bond ETF | 4.05 | 339,057 | — |
Janus Henderson B-BBB CLO ETF | 4.04 | 338,060 | — |