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Morningstar

First Foundation Total Return A FBBAX

Morningstar Medalist Rating
Medalist Rating as of | See First Foundation Investment Hub
  • NAV / 1-Day Return 27.68  /  −0.50 %
  • Total Assets 118.4 Mil
  • Adj. Expense Ratio
    1.200%
  • Expense Ratio 1.200%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Moderately Aggressive Allocation
  • Investment Style Mid Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 4.95%
  • Turnover 103%

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0

Morningstar’s Analysis FBBAX

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

  • People Pillar

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

First Foundation Total Return A's recent fee cut is n't sufficient to overcome its decreased People Pillar rating, resulting in a downgrade to this strategy's Morningstar Medalist Rating to Neutral from Bronze.

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.

by Morningstar Manager Research
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Portfolio Holdings FBBAX

More FBBAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 44.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Bollore SE

6.42 7.7 Mil
Communication Services

Burford Capital Ltd

5.96 7.2 Mil
Financial Services

Compagnie de l`Odet

5.86 7.1 Mil
Industrials

PrairieSky Royalty Ltd

5.06 6.1 Mil
Energy

Suncor Energy Inc

4.73 5.7 Mil
Energy

United States Treasury Notes 0.875%

3.96 4.8 Mil
Government

Vivendi SE

3.60 4.3 Mil
Communication Services

Nintendo Co Ltd ADR

3.24 3.9 Mil
Communication Services

Philip Morris International Inc

3.22 3.9 Mil
Consumer Defensive

Cash & Cash Equivalents

2.78 3.3 Mil
Cash and Equivalents