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.
Northeast Investors Trust NTHEX
- NAV / 1-Day Return 3.61 / +0.28 %
- Total Assets 129.4 Mil
-
Adj. Expense Ratio
- 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 5.03%
- Effective Duration —
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 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.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 42.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Pyxus Holdings Inc 8.5% | 6.34 | 8.5 Mil | Corporate |
Viskase Companies Inc | 4.45 | 6.0 Mil | Consumer Cyclical |
Brinker International, Inc. 5% | 4.42 | 5.9 Mil | Corporate |
FTAI Aviation Ltd 9.75% | 4.24 | 5.7 Mil | Corporate |
Equitrans Midstream Corp PRF PERPETUAL USD - Ser 4/A2 | 4.07 | 5.5 Mil | Energy |
Spirit AeroSystems Inc 9.375% | 4.06 | 5.5 Mil | Corporate |
G III Apparel Group Ltd 7.875% | 4.05 | 5.4 Mil | Corporate |
Amer Gilsonite | 3.89 | 5.2 Mil | — |
KB Home 7.25% | 3.85 | 5.2 Mil | Corporate |
Vector Group Ltd 10.5% | 3.75 | 5.0 Mil | Corporate |