Strength in the People Pillar isn't sufficient for Leader Cptl Leader Hi Qual Fltng RtInstl to overcome weaker marks in areas such as their Parent rating, limiting this strategy to a Morningstar Quantitative Rating of Neutral. 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.
- NAV / 1-Day Return 10.95 / 0.00
- Total Assets 125.6 Mil
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Adj. Expense Ratio
- Expense Ratio 1.880%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity Medium / Limited
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 2.46%
- Effective Duration 0.25 years
Morningstar’s Analysis LCTIX
Will LCTIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.