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Morningstar

Rational Real Assets Fund Class I IGOIX

Morningstar Medalist Rating
Medalist Rating as of | See Rational Funds Investment Hub
  • NAV / 1-Day Return 10.72  /  −1.20 %
  • Total Assets 3.1 Mil
  • Adj. Expense Ratio
    1.240%
  • Expense Ratio 1.270%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Moderate Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 0.48%
  • Turnover 61%

USD | NAV as of May 24, 2024 | 1-Day Return as of May 24, 2024, 12:33 PM GMT+0

Morningstar’s Analysis IGOIX

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

  • People Pillar

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

Weakness in Rational Real Assets Fund Class I's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

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 highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings IGOIX

More IGOIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Steel Corp

2.28 73,093
Basic Materials

Reliance Inc

2.21 70,668
Basic Materials

Nucor Corp

2.20 70,382
Basic Materials

Steel Dynamics Inc

2.17 69,453
Basic Materials

Phillips 66

2.05 65,697
Energy

Exxon Mobil Corp

1.93 61,667
Energy

Northrop Grumman Corp

1.89 60,394
Industrials

Williams Companies Inc

1.85 59,229
Energy

ONEOK Inc

1.81 58,068
Energy

Chevron Corp

1.80 57,764
Energy