Advertisement
Skip to Content

Optimum Fixed Income Instl OIFIX

Quantitative rating as of
  • NAV / 1-Day Return 8.28  /  0.12 %
  • Total Assets 2.5 Bil
  • 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.

Summary

|

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.

Unlock our full analysis with Morningstar Investor