Morningstar

The Community Development Fund Class A CDCDX

Morningstar Medalist Rating
Medalist Rating as of | See Community Development Fund Investment Hub
  • NAV / 1-Day Return 8.96  /  −0.33 %
  • Total Assets 329.6M
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 1.000%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Government Mortgage-Backed Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1M
  • Status Open
  • TTM Yield 3.41%
  • Effective Duration —

USD | NAV as of Jun 18, 2026 | 1-Day Return as of Jun 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis CDCDX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Community Development A 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
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Portfolio Holdings CDCDX

More CDCDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 0.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Asset Offset

6.26 20M
—

Cash Offset

6.07 20M
—

Future on 2 Year Treasury Note

3.86 12M
Government

FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 5%

2.49 8M
Securitized

FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 4.8%

2.06 7M
Securitized

Federal Home Loan Mortgage Corp. 4.75%

1.68 5M
Securitized

FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 4.05%

1.57 5M
Securitized

Federal National Mortgage Association 4.52%

1.56 5M
Securitized

FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 4.15889%

1.55 5M
Securitized

FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 4.581%

1.55 5M
Securitized

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