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Morningstar

Access Flex High Yield ProFund Inv FYAIX

Morningstar Analyst Rating
Quantitative rating as of | See ProFunds Investment Hub
  • NAV / 1-Day Return 29.68  /  0.37 %
  • Total Assets 27.6 Mil
  • Adj. Expense Ratio
    1.780%
  • Expense Ratio 1.780%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 15,000
  • Status Open
  • TTM Yield 3.56%
  • Effective Duration —

USD | NAV as of Feb 07, 2023 | 1-Day Return as of Feb 07, 2023, 11:16 PM GMT+00:00

Morningstar’s Analysis FYAIX

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

People Pillar

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

Summary

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Weakness in Access Flex High Yield ProFund Inv's Process and People Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

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