The combination of an Average People Pillar rating and a Low Process Pillar rating limit Optimum Fixed Income Instl to a Morningstar Quantitative Rating of Negative. 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.
- NAV / 1-Day Return 8.28 / 0.12 %
- Total Assets 2.5 Bil
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Adj. Expense Ratio
- Expense Ratio 0.800%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity Medium / Moderate
- Min. Initial Investment 0
- Status Open
- TTM Yield 3.40%
- Effective Duration 6.09 years
Morningstar’s Analysis OIFIX
Will OIFIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.