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Morningstar

Leader Capital High Quality Income Inv LCTRX

Morningstar Medalist Rating
Medalist Rating as of | See Leader Capital Investment Hub
  • NAV / 1-Day Return 11.10  /  +0.05 %
  • Total Assets 831.4 Mil
  • Adj. Expense Ratio
    1.320%
  • Expense Ratio 1.320%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 6.40%
  • 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 LCTRX

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

  • People Pillar

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

Leader Capital High Quality Income Inv boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

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 LCTRX

More LCTRX 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