Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Frost Credit A FCFBX
- NAV / 1-Day Return 9.26 / +0.22 %
- Total Assets 208.0 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.980%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 5.90%
- Effective Duration 2.83 years
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:15 PM GMT+0
Morningstar’s Analysis FCFBX
Will FCFBX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 15.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Tri Party Overnight Repo | 5.25 | 11.0 Mil | Cash and Equivalents |
Brundage-Bone Concrete Pumping Holdings Inc. 6% | 1.92 | 4.0 Mil | Corporate |
Race Point IX CLO Ltd./Corp. 7.74017% | 1.89 | 4.0 Mil | Securitized |
Airswift Global AS 10% | 1.43 | 3.0 Mil | Corporate |
MCFCL 2018-1A BR 04/18/36 | 1.43 | 3.0 Mil | Securitized |
GOLDENTREE LOAN MANAGEMENT US CLO 19 LTD 7.22143% | 1.43 | 3.0 Mil | Securitized |
Mcf Clo Viii Ltd / Mcf Clo Viii FRN 7.33854% | 1.43 | 3.0 Mil | Securitized |
GOLUB CAPITAL PARTNERS 21 M-R LTD 8.03628% | 1.42 | 3.0 Mil | Securitized |
Concentrix Corp. 6.85% | 1.39 | 2.9 Mil | Corporate |
Kyndryl Holdings Inc 4.1% | 1.34 | 2.8 Mil | Corporate |