Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Changing Parameters CPMPX
- NAV / 1-Day Return 10.88 / +0.09 %
- Total Assets 92.5 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.640%
- Distribution Fee Level High
- Share Class Type No Load
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 2.92%
- Effective Duration 6.23 years
USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:16 AM GMT+0
Morningstar’s Analysis CPMPX
Will CPMPX 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 22.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Federated Hermes Govt Obl IS | 77.59 | 69.6 Mil | Cash and Equivalents |
MainStay MacKay High Yield Muncpl Bd I | 14.96 | 13.4 Mil | — |
Lord Abbett Floating Rate I | 7.37 | 6.6 Mil | — |
Cash | 0.08 | 75,260 | Cash and Equivalents |