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Morningstar

Channel Short Duration Income CPSIX

Morningstar Medalist Rating
Medalist Rating as of | See Channel Investment Partners Investment Hub
  • NAV / 1-Day Return 9.64  /  +0.21 %
  • Total Assets 31.5 Mil
  • Adj. Expense Ratio
    0.950%
  • Expense Ratio 0.950%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 6.02%
  • Effective Duration 2.73 years

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0

Morningstar’s Analysis CPSIX

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

  • People Pillar

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

Channel Short Duration Income earns a Morningstar Medalist Rating of Negative with strength in areas such as Process offset by weaker spots such as People.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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.

by Morningstar Manager Research
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Portfolio Holdings CPSIX

More CPSIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 34.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Genworth Financial Inc. 7.5711%

6.52 2.0 Mil
Corporate

United Air Lines, Inc. 4%

4.43 1.4 Mil
Securitized

United States Treasury Notes 4%

3.94 1.2 Mil
Government

Sprint Capital Corporation 6.875%

3.23 1.0 Mil
Corporate

Comerica Incorporated 5.982%

3.13 982,588
Corporate

Energy Transfer LP 6.5%

3.11 976,648
Corporate

American Airlines, Inc. 3.75%

2.99 938,840
Securitized

APA Corp. 4.375%

2.99 938,795
Corporate

Cheniere Energy Partners L P 4.5%

2.99 937,830
Corporate

First Horizon Bank 5.75%

2.99 937,049
Corporate