Morningstar

CCM Community Impact Bond Fund CRA Shares CRAIX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See Community Capital Investment Hub
  • NAV / 1-Day Return $9.28  /  +0.11 %
  • Fund Size $3.9B
  • Adjusted Expense Ratio 0.880%
  • Net Expense Ratio 0.880%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category Intermediate Core Bond
  • Fixed-Income Style Box (Funds) High/Limited
  • Minimum Initial Investment $500,000
  • Investment Status Open
  • TTM Yield 3.27%
  • Average Effective Duration 4.28 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis CRAIX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

CCM Community Impact Bond CRA holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CRAIX

More CRAIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Comcast Corporation 4.65%

1.97 76M
Corporate

Prologis, L.P. 4.625%

1.96 75M
Corporate

First American Government Obligs X

1.48 57M
Cash and Equivalents

United States Treasury Notes 3.875%

1.44 55M
Government

United States Treasury Notes 4.125%

1.35 52M
Government

Toyota Motor Corp. 4.45%

1.29 50M
Corporate

Bank of America Corp. 6.204%

1.26 49M
Corporate

Prologis, L.P. 1.25%

1.17 45M
Corporate

United States Treasury Notes 3.5%

1.15 44M
Government

American Express Company 4.05%

1.12 43M
Corporate

Sponsor Center