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.
Leader Capital High Quality Income Inv LCTRX
- NAV / 1-Day Return 11.16 / +0.02 %
- Total Assets 682.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.320%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 6.40%
- Effective Duration —
USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 19.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
First American Government Obligs X | 7.91 | 38.2 Mil | Cash and Equivalents |
INVESCO U.S. CLO 2023-4 LTD 0.0837% | 2.80 | 13.6 Mil | Securitized |
NASSAU LTD 0.0825% | 2.16 | 10.4 Mil | Securitized |
CARLYLE US CLO 2023-5 LTD 0.0837% | 2.08 | 10.0 Mil | Securitized |
BLACKROCK BAKER CLO 2021-1 LTD 0.08255% | 2.03 | 9.8 Mil | Securitized |
CARLYLE US CLO 2022-6 LTD 0.0832% | 1.98 | 9.6 Mil | Securitized |
ELEVATION CLO 2023-17 LTD 0.0868% | 1.88 | 9.1 Mil | Securitized |
DRYDEN 107 CLO LTD 0.08399% | 1.67 | 8.1 Mil | Securitized |
ELMWOOD CLO 24 LTD 0.08327% | 1.67 | 8.1 Mil | Securitized |
DIAMETER CAPITAL CLO 5 LTD 0.07714% | 1.66 | 8.0 Mil | Securitized |