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Frost Low Duration Bond Investor FADLX

Medalist Rating as of | See Frost Investment Hub
  • NAV / 1-Day Return 9.78  /  +0.09 %
  • Total Assets 299.6 Mil
  • Adj. Expense Ratio
    0.690%
  • Expense Ratio 0.690%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.57%
  • Effective Duration 2.17 years

USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:15 PM GMT+0

Morningstar’s Analysis FADLX

Will FADLX outperform in future?

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

A strong management team and sound investment process underpin Frost Low Duration Bond Investor's Morningstar Medalist Rating of Gold.

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 second-highest quintile among peers.

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Portfolio Holdings FADLX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 43.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4%

8.32 24.7 Mil
Government

United States Treasury Notes 4%

8.31 24.7 Mil
Government

Tri Party Overnight Repo

7.06 21.0 Mil
Cash and Equivalents

United States Treasury Notes 4.375%

6.76 20.1 Mil
Government

Molex Eletronics Technologies 3.9%

3.29 9.8 Mil
Corporate

Capital One Financial Corp. 4.2%

3.29 9.8 Mil
Corporate

VERIZON MASTER TRUST 5.65%

3.26 9.7 Mil
Securitized

Fifth Third Bancorp 6.361%

2.75 8.2 Mil
Corporate

PRESTIGE AUTO RECEIVABLES TRUST 2023-1 5.55%

2.68 8.0 Mil
Securitized

Kyndryl Holdings Inc 2.05%

2.46 7.3 Mil
Corporate