Morningstar

CrossingBridge Ultra-Short Duration Fund Institutional Class Shares CBUDX

Morningstar Medalist Rating
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Medalist Rating as of See Cohanzick Management Investment Hub
  • NAV / 1-Day Return $9.99  /  +0.04 %
  • Fund Size $482.7M
  • Adjusted Expense Ratio 0.840%
  • Net Expense Ratio 0.900%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category Ultrashort Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $5,000
  • Investment Status Open
  • TTM Yield 4.46%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis CBUDX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

CrossingBridge Ultra-Short Dur Instl 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 CBUDX

More CBUDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Dell International LLC / EMC Corp. 4.9%

3.45 14M
Cash and Equivalents

HCA Inc. 4.5%

3.30 14M
Corporate

CDW LLC / CDW Finance Corp 2.67%

2.89 12M
Cash and Equivalents

CR Landco Austin LLC

2.63 11M
Corporate

Iqvia Inc 5%

2.50 10M
Cash and Equivalents

First American Treasury Obligs X

2.43 10M
Cash and Equivalents

Oracle Corp. 2.8%

2.35 10M
Corporate

NOK/USD FWD 20261113 Purchased

2.16 9M
Derivative

SEK/USD FWD 20261113 Purchased

2.10 9M
Derivative

Videotron Ltee 0%

2.04 9M
Cash and Equivalents

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