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Morningstar

Leader Short Term High Yield Bond Inv LCCMX

Morningstar Medalist Rating
Medalist Rating as of | See Leader Capital Investment Hub
  • NAV / 1-Day Return 8.23  /  −0.33 %
  • Total Assets 58.4 Mil
  • Adj. Expense Ratio
    3.240%
  • Expense Ratio 3.240%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 10.56%
  • Effective Duration —

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:13 AM GMT+0

Morningstar’s Analysis LCCMX

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

  • People Pillar

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

Strength in Leader Short Term High Yield Bond Inv's People Pillar is partially offset by an Average Process Pillar rating, leading 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 LCCMX

More LCCMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 35.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Government Obligs X

11.37 3.8 Mil
Cash and Equivalents

MARATHON CLO XIII LTD 0.12635%

4.58 1.5 Mil
Securitized

B. Riley Financial Inc 0.0675%

4.00 1.3 Mil
Corporate

VTB Eurasia Designated Activity Company 0.095%

3.80 1.3 Mil
Corporate

Canyon Capital CLO 2014-1 Ltd. 0.10799%

3.74 1.2 Mil
Securitized

Steele Creek CLO 2014-1 Ltd./LLC 0.11011%

3.59 1.2 Mil
Securitized

Atlas Senior Loan Fund Vii. Lt 0.11863%

3.51 1.2 Mil
Securitized

DISH Network Corporation 0%

3.20 1.1 Mil
Corporate

1828 CLO Ltd/LLC 0.1216%

2.97 986,645
Securitized

THL CREDIT WIND RIVER CLO LTD 0.1132%

2.90 962,642
Securitized