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CCM Community Impact Bond CRA CRAIX

Medalist Rating as of | See Community Capital Investment Hub
  • NAV / 1-Day Return 9.30  /  −0.11 %
  • Total Assets 3.5 Bil
  • Adj. Expense Ratio
    0.890%
  • Expense Ratio 0.890%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 2.59%
  • Effective Duration 4.51 years

USD | NAV as of Feb 26, 2024 | 1-Day Return as of Feb 26, 2024, 11:11 PM GMT+0

Morningstar’s Analysis CRAIX

Will CRAIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Weakness in CCM Community Impact Bond CRA's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

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 most expensive quintile among peers.

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Portfolio Holdings CRAIX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 9.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Ccmtristate Fl.Cd 11/1/20

1.26 42.1 Mil
Cash and Equivalents

Bank of America Corp. 6.204%

1.19 39.7 Mil
Corporate

American Express Company 4.05%

1.07 35.7 Mil
Corporate

Prologis, L.P. 4.625%

1.06 35.3 Mil
Corporate

United States Treasury Notes 3.5%

1.03 34.2 Mil
Government

United States Treasury Notes 4.875%

1.01 33.6 Mil
Government

Comcast Corporation 4.65%

0.79 26.4 Mil
Corporate

First American Government Obligs X

0.79 26.4 Mil
Cash and Equivalents

Alphabet Inc. 1.1%

0.77 25.8 Mil
Corporate

United States Treasury Notes 4.5%

0.75 24.9 Mil
Government