Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Holbrook Income I HOBIX
- NAV / 1-Day Return 9.56 / 0.00 %
- Total Assets 1.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.130%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 7.47%
- Effective Duration 1.33 years
USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 12:47 AM GMT+0
Morningstar’s Analysis HOBIX
Will HOBIX 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 21.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
First American Government Obligs X | 4.84 | 71.4 Mil | Cash and Equivalents |
United States Treasury Notes 0.125% | 2.92 | 43.1 Mil | Government |
United States Treasury Bonds 2.375% | 2.88 | 42.5 Mil | Government |
B. Riley Financial Inc 0% | 2.77 | 40.9 Mil | Corporate |
Charah Solutions Inc 0% | 2.32 | 34.3 Mil | Corporate |
Gladstone Capital Corporation 5.125% | 2.16 | 31.9 Mil | Corporate |
B. Riley Financial Inc 0% | 2.07 | 30.5 Mil | Corporate |
Ows Cre Funding I LLC 10.33981% | 2.00 | 29.6 Mil | Securitized |
Pennantpark Floating Rate Capital Limited 4.25% | 1.89 | 27.9 Mil | Corporate |
Trinity Capital Inc. 0% | 1.82 | 26.9 Mil | Corporate |