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Morningstar

Homestead Intermediate Bond HOIBX

Morningstar Medalist Rating
Medalist Rating as of | See Homestead Investment Hub
  • NAV / 1-Day Return 4.48  /  −0.19 %
  • Total Assets 133.7 Mil
  • Adj. Expense Ratio
    0.800%
  • Expense Ratio 0.800%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 500
  • Status Open
  • TTM Yield 3.55%
  • Effective Duration —

USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:12 PM GMT+0

Morningstar’s Analysis HOIBX

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

  • People Pillar

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

Homestead Intermediate Bond boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings HOIBX

More HOIBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal Home Loan Mortgage Corp. 2%

3.81 4.9 Mil
Securitized

State Street Institutional U.S. Government Money Market Fund

3.40 4.3 Mil
Cash and Equivalents

United States Treasury Bonds 3.375%

3.05 3.9 Mil
Government

United States Treasury Bonds 2.375%

2.95 3.8 Mil
Government

Government National Mortgage Association 4%

2.52 3.2 Mil
Securitized

Federal National Mortgage Association 2%

2.49 3.2 Mil
Securitized

United States Treasury Bonds 4.125%

2.43 3.1 Mil
Government

Federal National Mortgage Association 2%

2.42 3.1 Mil
Securitized

United States Treasury Notes 4.875%

2.07 2.7 Mil
Government

United States Treasury Notes 4.375%

1.97 2.5 Mil
Government