Skip to Content
Morningstar

Meeder Conservative Allocation Adviser IFAAX

Morningstar Medalist Rating
Medalist Rating as of | See Meeder Funds Investment Hub
  • NAV / 1-Day Return 22.68  /  +0.58 %
  • Total Assets 128.6 Mil
  • Adj. Expense Ratio
    1.100%
  • Expense Ratio 1.100%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 3.45%
  • Turnover 277%

USD | NAV as of May 04, 2024 | 1-Day Return as of May 04, 2024, 12:09 AM GMT+0

Morningstar’s Analysis IFAAX

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

  • People Pillar

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

A strong management team and sound investment process underpin Meeder Conservative Allocation Adviser's Morningstar Medalist Rating of Bronze.

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
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings IFAAX

More IFAAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 74.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Advisor Total Bond Z

17.85 23.0 Mil
—

Baird Core Plus Bond Inst

17.24 22.2 Mil
—

Dodge & Cox Income I

13.73 17.7 Mil
—

Cash And Equivalents

8.72 11.2 Mil
Cash and Equivalents

Fidelity Advisor High Income Advtg Z

5.31 6.8 Mil
—

BrandywineGLOBAL High Yield I

5.25 6.8 Mil
—

Frost Total Return Bond Inst

4.75 6.1 Mil
—

iShares JP Morgan USD Em Mkts Bd ETF

3.56 4.6 Mil
—

MSCI EAFE Index Future June 24

2.84 3.7 Mil
—

Russell 2000 Futures - Mini - June 2024

2.50 3.2 Mil
—