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.
Concorde Wealth Management CONWX
- NAV / 1-Day Return 19.05 / +0.95 %
- Total Assets 39.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.560%
- Distribution Fee Level High
- Share Class Type No Load
- Category Moderate Allocation
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 2.02%
- Turnover 28%
USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:12 AM GMT+0
Morningstar’s Analysis CONWX
Will CONWX 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 37.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Texas Pacific Land Corp | 8.17 | 3.2 Mil | Energy |
Exxon Mobil Corp | 5.42 | 2.1 Mil | Energy |
Morgan Stanley Instl Lqudty Govt Instl | 5.00 | 1.9 Mil | Cash and Equivalents |
United States Treasury Notes 2.38% | 3.84 | 1.5 Mil | Cash and Equivalents |
United States Treasury Bills 0% | 3.82 | 1.5 Mil | Government |
Llr Equity Partners V L.P. | 3.66 | 1.4 Mil | — |
Sprott Physical Gold Trust | 3.46 | 1.3 Mil | — |
Microsoft Corp | 3.33 | 1.3 Mil | Technology |
Energy Transfer LP | 3.12 | 1.2 Mil | Energy |
Black Stone Minerals LP Partnership Units | 2.76 | 1.1 Mil | Energy |