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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 9.73  /  +0.10 %
  • Total Assets 32.0 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 5.95%
  • Effective Duration 2.59 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 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.

Strength in Channel Short Duration Income's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

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 39.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Genworth Financial Inc. 7.58649%

6.60 2.1 Mil
Corporate

Energy Transfer LP 6.5%

4.71 1.5 Mil
Corporate

Occidental Petroleum Corporation 7.2%

4.42 1.4 Mil
Corporate

United Air Lines, Inc. 4%

4.23 1.3 Mil
Securitized

United States Treasury Notes 4%

3.83 1.2 Mil
Government

Appalachian Power Company 2.7%

3.64 1.1 Mil
Corporate

EQT Corporation 7%

3.38 1.1 Mil
Corporate

Comerica Incorporated 5.982%

3.15 986,596
Corporate

Equitrans Midstream Corporation 5.5%

3.14 982,250
Corporate

Edison International 5.375%

3.12 978,446
Corporate