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.
Optimum Fixed Income C OCFIX
- NAV / 1-Day Return 8.34 / +0.12 %
- Total Assets 2.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.810%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield —
- Effective Duration 6.56 years
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 11:33 PM GMT+0
Morningstar’s Analysis OCFIX
Will OCFIX 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 17.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Repurchase Agreement | 8.92 | 330.7 Mil | Cash and Equivalents |
Repurchase Agreement | 8.08 | 299.4 Mil | Cash and Equivalents |
Repurchase Agreement | 4.05 | 150.0 Mil | Cash and Equivalents |
Federal National Mortgage Association 3% | 3.13 | 116.1 Mil | Securitized |
Federal National Mortgage Association 5% | 2.89 | 107.1 Mil | Securitized |
Federal National Mortgage Association 5.5% | 2.80 | 103.7 Mil | Securitized |
Usd/Eur Fwd 20240304 | 2.48 | 92.1 Mil | Derivative |
Usd/Eur Fwd 20240402 | 2.47 | 91.6 Mil | Derivative |
Eur/Usd Fwd 20240304 | 2.46 | 91.1 Mil | Derivative |
Repurchase Agreement | 1.94 | 71.8 Mil | Cash and Equivalents |