Skip to Content
Morningstar

Popular Income Plus A IPLFX

Morningstar Medalist Rating
Medalist Rating as of | See Popular Investment Hub
  • NAV / 1-Day Return 3.29  /  +0.30 %
  • Total Assets 23.7 Mil
  • Adj. Expense Ratio
    2.310%
  • Expense Ratio 3.960%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 3,000
  • Status Open
  • TTM Yield 2.17%
  • Effective Duration —

USD | NAV as of Apr 27, 2024 | 1-Day Return as of Apr 27, 2024, 1:01 AM GMT+0

Morningstar’s Analysis IPLFX

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

  • People Pillar

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

Weakness in Popular Income Plus A's Process and People 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 most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings IPLFX

More IPLFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 69.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Gn 711455

12.93 3.4 Mil
Securitized

Gn 711498

9.51 2.5 Mil
Securitized

Gn 711437

8.74 2.3 Mil
Securitized

Federal National Mortgage Association 5%

7.68 2.0 Mil
Securitized

Federal National Mortgage Association 5%

7.42 1.9 Mil
Securitized

Federal National Mortgage Association 5%

5.49 1.4 Mil
Securitized

Federal Home Loan Mortgage Corporation 5.5%

5.36 1.4 Mil
Securitized

Puerto Rico Sales Tax Financing Corp Sales Tax Revenue

4.61 1.2 Mil
Cash and Equivalents

Gn 702983

4.29 1.1 Mil
Securitized

Federal National Mortgage Association 5%

3.96 1.0 Mil
Securitized