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Morningstar

Northeast Investors Trust NTHEX

Morningstar Medalist Rating
Medalist Rating as of | See Northeast Investors Investment Hub
  • NAV / 1-Day Return 3.65  /  −0.27 %
  • Total Assets 134.3 Mil
  • Adj. Expense Ratio
    2.200%
  • Expense Ratio 2.260%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 4.92%
  • Effective Duration —

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:17 PM GMT+0

Morningstar’s Analysis NTHEX

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

  • People Pillar

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

The combination of an Average People Pillar rating and a Low Process Pillar rating limit Northeast Investors Trust to a Morningstar Medalist Rating of Negative.

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 NTHEX

More NTHEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 40.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Pyxus Holdings Inc 8.5%

5.01 6.8 Mil
Corporate

Brinker International, Inc. 5%

4.36 5.9 Mil
Corporate

Viskase Companies Inc

4.26 5.8 Mil
Consumer Cyclical

FTAI Aviation Ltd 9.75%

4.20 5.7 Mil
Corporate

Equitrans Midstream Corp PRF PERPETUAL USD - Ser 4/A2

4.08 5.6 Mil
Energy

Spirit AeroSystems Inc 9.375%

4.01 5.5 Mil
Corporate

G III Apparel Group Ltd 7.875%

3.98 5.4 Mil
Corporate

Amer Gilsonite

3.87 5.3 Mil
—

KB Home 7.25%

3.80 5.2 Mil
Corporate

Vector Group Ltd 10.5%

3.68 5.0 Mil
Corporate