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Morningstar

Tributary Shrt/Interm Bond Instl Plus FOSPX

Morningstar Medalist Rating
Medalist Rating as of | See Tributary Investment Hub
  • NAV / 1-Day Return 8.88  /  +0.03 %
  • Total Assets 216.4 Mil
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 5.0 Mil
  • Status Open
  • TTM Yield 2.90%
  • Effective Duration 1.95 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 9:21 PM GMT+0

Morningstar’s Analysis FOSPX

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

  • People Pillar

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

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FOSPX

More FOSPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2.25%

11.07 24.0 Mil
Government

United States Treasury Notes 0.5%

9.54 20.7 Mil
Government

United States Treasury Notes 2.75%

3.61 7.8 Mil
Government

DLLAD 2023-1 LLC 4.79%

1.10 2.4 Mil
Securitized

CITIZENS AUTO RECEIVABLES TRUST 2023-1 5.84%

1.05 2.3 Mil
Securitized

Bank of America Corp. 3.705%

1.01 2.2 Mil
Corporate

Citigroup Inc. 1.462%

1.01 2.2 Mil
Corporate

Morgan Stanley 5.449%

1.00 2.2 Mil
Corporate

WSTN TRUST 2023-MAUI 6.29674%

1.00 2.2 Mil
Securitized

AT&T Inc 1.7%

0.99 2.2 Mil
Corporate