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.
Tributary Income Instl FOINX
- NAV / 1-Day Return 8.84 / −0.33 %
- Total Assets 166.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.620%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Intermediate Core Bond
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.92%
- Effective Duration 6.09 years
USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 9:28 PM GMT+0
Morningstar’s Analysis FOINX
Will FOINX 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 28.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 1.875% | 8.19 | 13.9 Mil | Government |
United States Treasury Bonds 3.625% | 4.85 | 8.2 Mil | Government |
United States Treasury Notes 1.5% | 4.14 | 7.0 Mil | Government |
United States Treasury Bonds 2% | 3.39 | 5.8 Mil | Government |
Federal Home Loan Mortgage Corp. 4% | 1.60 | 2.7 Mil | Securitized |
Fnma Pass-Thru I 3% | 1.52 | 2.6 Mil | Securitized |
United States Treasury Notes 3.875% | 1.49 | 2.5 Mil | Government |
BlackRock Liquidity T-Fund Instl | 1.23 | 2.1 Mil | Cash and Equivalents |
Fnma Pass-Thru I 3.5% | 1.15 | 2.0 Mil | Securitized |
Federal Home Loan Mortgage Corp. 3.5% | 1.15 | 2.0 Mil | Securitized |