Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Catalyst/CIFC Floating Rate Income A CFRAX
- NAV / 1-Day Return 9.27 / +0.02 %
- Total Assets 417.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.180%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 8.41%
- Effective Duration —
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:10 PM GMT+0
Morningstar’s Analysis CFRAX
Will CFRAX 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 11.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
First American Treasury Obligs X | 11.07 | 39.8 Mil | Cash and Equivalents |
Invesco Senior Loan ETF | 1.39 | 5.0 Mil | — |
Verscend Holding Corporation Floating Rate Due 08/27/2025 | 1.32 | 4.7 Mil | Corporate |
Aretec Group Inc. Floating Rate Due 03/08/2030 | 1.31 | 4.7 Mil | Corporate |
SPDR Blackstone Senior Loan ETF | 1.30 | 4.7 Mil | — |
Central Parent Inc. Floating Rate Due 07/06/2029 | 1.14 | 4.1 Mil | Corporate |
Nomad Foods Us Llc Floating Rate Due 11/08/2029 | 1.12 | 4.0 Mil | Corporate |
Lifepoint Health Inc. Floating Rate Due 11/16/2028 | 1.10 | 4.0 Mil | Corporate |
Prairie Eci Acquiror L.P. Floating Rate Due 03/07/2026 | 1.07 | 3.8 Mil | Corporate |
First Brands Group Llc Floating Rate Due 03/24/2027 | 1.04 | 3.7 Mil | Corporate |