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Morningstar

Leader Capital High Quality Income Instl LCTIX

Morningstar Medalist Rating
Medalist Rating as of | See Leader Capital Investment Hub
  • NAV / 1-Day Return 11.13  /  +0.05 %
  • Total Assets 831.4 Mil
  • Adj. Expense Ratio
    0.940%
  • Expense Ratio 0.940%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 6.76%
  • Effective Duration 5.41 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 9:40 PM GMT+0

Morningstar’s Analysis LCTIX

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

  • People Pillar

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

A sound investment process and strong management team underpin Leader Capital High Quality Income Instl's Morningstar Medalist Rating of Bronze.

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 LCTIX

More LCTIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

U.S. Treasury Bond Stripped Principal Payment 0%

5.97 47.7 Mil
Government

First American Government Obligs X

4.80 38.4 Mil
Cash and Equivalents

NGC 2024-I Ltd. 0.0795%

3.00 24.0 Mil
Securitized

PGA TRUST 2024-RSR2 0.0808%

2.30 18.4 Mil
Securitized

OFSI BSL CLO XIII LTD 0.0809%

2.28 18.2 Mil
Securitized

GOLUB CAPITAL PARTNERS CLO 71(M) 0.0832%

1.91 15.3 Mil
Securitized

OCEAN TRAILS CLO XV LTD 0.0805%

1.89 15.1 Mil
Securitized

INVESCO U.S. CLO 2023-4 LTD 0.0836%

1.72 13.7 Mil
Securitized

BLACKROCK SHASTA CLO XIII LLC 0.0834%

1.56 12.5 Mil
Securitized

NORTHWOOD CAPITAL 22 LTD 0.0815%

1.51 12.1 Mil
Securitized