Morningstar

Modern Capital Tactical Income Fund Class ADV Shares MCTDX

Morningstar Medalist Rating
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Medalist Rating as of See Modern Capital Investment Hub
  • NAV / 1-Day Return $8.47  /  −1.74 %
  • Fund Size $55.0M
  • Adjusted Expense Ratio 3.910%
  • Net Expense Ratio 1.080%
  • Fee Level: Distribution High
  • Share Class Type No Load
  • Morningstar Category Tactical Allocation
  • Equity Style Box (Funds) Mid Value
  • Fixed-Income Style Box (Funds) Low/Moderate
  • Investment Status Open
  • TTM Yield 14.09%
  • Turnover Ratio 695%
NAV and 1-Day Return as of

Morningstar’s Analysis MCTDX

Will MCTDX outperform in the 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 MCTDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Modern Capital Tactical Income ADV holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings MCTDX

More MCTDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 34.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Government Obligs X

7.74 5M
Cash and Equivalents

SM Energy Co

4.92 3M
Energy

BrandywineGLOBAL - Global Income Opportunities Fund Inc

3.84 3M
—

Seven Hills Realty Trust

3.64 3M
Real Estate

NexPoint Diversified Real Estate Trust

3.52 2M
Real Estate

PIMCO Dynamic Income Strategy Fund

3.35 2M
—

Western Asset Inflation-Linked Opportunities and Income Fund

3.29 2M
—

Nuveen Credit Strategies Income Fund

3.28 2M
—

FS Credit Opportunities Corp

3.13 2M
—

Credit Suisse High Yield Credit

3.08 2M
—

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