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.
First Foundation Fixed Income Y FFBYX
- NAV / 1-Day Return 11.24 / +0.37 %
- Total Assets 83.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.770%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment —
- Status Open
- TTM Yield 6.09%
- Effective Duration 5.83 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FFBYX
Will FFBYX 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 25.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Southwest Airlines Co. 7.375% | 3.38 | 3.1 Mil | Corporate |
Government National Mortgage Association 5.5% | 3.22 | 3.0 Mil | Securitized |
United States Treasury Bonds 1.25% | 2.77 | 2.6 Mil | Government |
United States Treasury Bonds 2.25% | 2.59 | 2.4 Mil | Government |
Federal National Mortgage Association 4% | 2.30 | 2.1 Mil | Securitized |
Government National Mortgage Association 2.598% | 2.26 | 2.1 Mil | Securitized |
Edison International 5.375% | 2.23 | 2.1 Mil | Corporate |
The Charles Schwab Corporation 5.375% | 2.20 | 2.0 Mil | Corporate |
Government National Mortgage Association 6% | 2.15 | 2.0 Mil | Securitized |
Federal Home Loan Mortgage Corp. 2.455% | 2.05 | 1.9 Mil | Securitized |