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Morningstar

Northeast Investors Trust NTHEX

Morningstar Analyst Rating
Quantitative rating as of | See Northeast Investors Investment Hub
  • NAV / 1-Day Return 3.50  /  0.00
  • Total Assets 134.6 Mil
  • Adj. Expense Ratio
    2.740%
  • Expense Ratio 2.740%
  • 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 5.43%
  • Effective Duration —

USD | NAV as of Feb 04, 2023 | 1-Day Return as of Feb 04, 2023, 1:32 AM GMT+00:00

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.

Summary

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Northeast Investors Trust earns a Morningstar Quantitative Rating of Negative on the basis of subpar ratings in both the Process and Parent Pillars. 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.

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