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Morningstar

Westwood Salient Select Inc Inst KIFYX

Morningstar Medalist Rating
Medalist Rating as of | See Salient Investment Hub
  • NAV / 1-Day Return 17.56  /  0.57 %
  • Total Assets 250.1 Mil
  • Adj. Expense Ratio
    1.050%
  • Expense Ratio 1.050%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Preferred Stock
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 7.45%
  • Effective Duration —

USD | NAV as of Nov 28, 2023 | 1-Day Return as of Nov 28, 2023, 11:14 PM GMT+0

Morningstar’s Analysis KIFYX

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

People Pillar

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

The combination of a middling Process Pillar rating and a Low People Pillar rating limit Westwood Salient Select Inc Inst 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 second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings KIFYX

More KIFYX Holdings
  • Current Portfolio Date
  • Equity Holdings 14
  • Bond Holdings 0
  • Other Holdings 36
  • % Assets in Top 10 Holdings 34.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

LXP Industrial Trust 6 1/2 % Cum Conv Pfd Shs Series -C-

3.89
9,429,700
Real Estate

RLJ Lodging Trust USD 1.95 Cum Conv Pfd Registered Shs Series -A-

3.73
9,033,750
Real Estate

RPT Realty 7.25% Cum Conv Perp Pfd Shs of Benef Interest Series D

3.64
8,820,000
Real Estate

National Storage Affiliates Trust 6% PRF PERPETUAL USD 25 - Ser A

3.56
8,632,100
Real Estate

Saul Centers Inc Depositary Shares each representing 1/100th of a share of

3.45
8,366,760
Real Estate

American Homes 4 Rent 5.875 % Cum Conv Red Pfd Registered Shs of BenefInter

3.44
8,335,200
Real Estate

EPR Properties 9 % Cum Conv Pfd Registered Shs Series -E-

3.28
7,940,800
Real Estate

Global Medical REIT Inc 7.5 % Cum Conv Red Perp Pfd Shs Series -A-

3.23
7,831,243
Real Estate

Urstadt Biddle Properties Inc Cum Conv Red Perp Pfd Shs Series -H-

3.12
7,561,011
Real Estate

Armada Hoffler Properties Inc Series A

2.96
7,182,501
Real Estate