AIG Strategic Bond’s flexible approach can result in the team reaching for yield at the wrong times. Despite some recent success, the strategy warrants a Morningstar Analyst Rating of Neutral on its cheaper share classes, while its more expensive share classes are rated Negative.
AIG Strategic Bond C NAICX
NAV / 1-Day Return
3.53
/
0.28
%
Total Assets
357.1 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.780%
Expense Ratio
1.780%
Fee Level
Above Average
Longest Manager Tenure
18.46
years
Category
Multisector Bond
Credit Quality / Interest Rate Sensitivity
Low / ModerateMin. Initial Investment
500
Status
Open
TTM Yield
2.58%
Effective Duration
5.34
years
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will NAICX 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 NAICX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the NAICX 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 NAICX’s parent organization’s priorities and whether they’re in line with investors’ interests.
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