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Optimum Fixed Income Instl OIFIX

Medalist Rating as of | See Macquarie Investment Hub
  • NAV / 1-Day Return 7.91  /  0.00
  • Total Assets 2.7 Bil
  • Adj. Expense Ratio
    0.810%
  • Expense Ratio 0.810%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment
  • Status Open
  • TTM Yield 3.44%
  • Effective Duration 6.53 years

Morningstar’s Analysis OIFIX

Will OIFIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Optimum Fixed Income Instl 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 second-costliest quintile among peers.

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Portfolio Holdings OIFIX

  • Current Portfolio Date
  • Equity Holdings 1
  • Bond Holdings 1379
  • Other Holdings 189
  • % Assets in Top 10 Holdings 14.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Repurchase Agreement

14.75
549,900,000
Cash and Equivalents

Repurchase Agreement

14.75
549,800,000
Cash and Equivalents

Federal National Mortgage Association 5%

2.97
110,613,199
Securitized

Usd/Eur Fwd 20230905

2.78
103,470,055
Derivative

Eur/Usd Fwd 20230802

2.74
101,992,720
Derivative

Usd/Eur Fwd 20230802

2.64
98,611,063
Derivative

Federal National Mortgage Association 3%

1.93
71,817,265
Securitized

Federal National Mortgage Association 4%

1.77
65,876,194
Securitized

Federal National Mortgage Association 3.5%

1.75
65,412,444
Securitized

Usd/Jpy Fwd 20231030

1.62
60,518,983
Derivative