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Morningstar

Tributary Shrt Interm Bond Instl FOSIX

Morningstar Medalist Rating
Medalist Rating as of | See Tributary Investment Hub
  • NAV / 1-Day Return 8.79  /  0.24 %
  • Total Assets 209.1 Mil
  • Adj. Expense Ratio
    0.620%
  • Expense Ratio 0.620%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity High / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.57%
  • Effective Duration 1.97 years

USD | NAV as of Nov 28, 2023 | 1-Day Return as of Nov 28, 2023, 11:14 PM GMT+0

Morningstar’s Analysis FOSIX

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

People Pillar

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

A strong management team and sound investment process underpin Tributary Shrt Interm Bond Instl's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FOSIX

More FOSIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 189
  • Other Holdings 6
  • % Assets in Top 10 Holdings 32.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.5%

11.86
24,566,566
Government

United States Treasury Notes 2.25%

9.33
19,328,018
Government

United States Treasury Notes 2.125%

2.73
5,646,977
Government

United States Treasury Notes 2.75%

1.86
3,859,078
Government

JPMorgan Chase & Co. 1.045%

1.16
2,396,820
Corporate

DLLAD 2023-1 LLC 4.79%

1.13
2,343,613
Securitized

CITIZENS AUTO RECEIVABLES TRUST 2023-1 5.84%

1.09
2,254,044
Securitized

Citigroup Inc. 1.462%

1.02
2,103,687
Corporate

Bank of America Corporation 3.705%

1.01
2,101,026
Corporate

AT&T Inc 1.7%

1.01
2,091,250
Corporate