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Morningstar

MH Elite Income Fund of Funds MHEIX

Morningstar Medalist Rating
Medalist Rating as of | See MH Elite Investment Hub
  • NAV / 1-Day Return 4.85  /  0.00
  • Total Assets 12.8 Mil
  • Adj. Expense Ratio
    1.250%
  • Expense Ratio 1.750%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Global Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Status Open
  • TTM Yield 2.52%
  • Turnover 23%

USD | NAV as of Jun 06, 2023 | 1-Day Return as of Jun 06, 2023, 12:11 AM GMT+0

Morningstar’s Analysis MHEIX

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

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

MH Elite Income Fund of Funds earns a Morningstar Medalist Rating of Negative on the basis of subpar ratings in both the Parent and Process Pillars. 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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings MHEIX

More MHEIX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 24
  • % Assets in Top 10 Holdings 43.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Money Market

16.67
2,152,124
Cash and Equivalents

Victory Intermediate-Term Bond

4.92
635,646
—

Carillon Reams Core Plus Bond I

4.80
619,200
—

Fidelity® Floating Rate High Income

4.77
615,792
—

Dodge & Cox Global Bond I

4.61
595,130
—

BrandywineGLOBAL High Yield I

4.24
547,449
—

PIMCO Inflation Response MultiAsst Instl

4.18
539,541
—

Vanguard Emerging Markets Bond Admiral

4.08
527,010
—

Fidelity® Strategic Real Return

3.98
513,217
—

American Funds Bond Fund of Amer F2

3.84
496,160
—