IOFIX – AlphaCentric Income Opportunities I Investment Strategy | Morningstar

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Strategy

The investment seeks current income. The fund seeks to achieve its investment objective by primarily investing in asset-backed fixed income securities, such as securities backed by credit card receivables, automobiles, aircraft, student loans, equipment leases, and agency and non-agency residential and commercial mortgages. Asset-backed securities in which the fund may invest also include collateralized debt obligations ("CDOs"), collateralized loan obligations ("CLOs") and privately-offered collateralized loans.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
IOFIX	AlphaCentric Income Opportunities Fund Class I	Institutional	Open			May 28, 2015	$130.49M	1.490%	High	$2,500	−$52.09M
IOFAX	AlphaCentric Income Opportunities Fund Class A	Front Load	Open			May 28, 2015	$31.77M	1.740%	Low	$2,500	−$2.07M
IOFCX	AlphaCentric Income Opportunities Fund Class C	Level Load	Open			May 28, 2015	$9.47M	2.490%	Low	$2,500	−$3.48M

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