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.
AXS Income Opportunities A OIOAX
- NAV / 1-Day Return 15.26 / −0.46 %
- Total Assets 59.6 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.450%
- Distribution Fee Level High
- Share Class Type Front Load
- Category Preferred Stock
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 7.02%
- Effective Duration —
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0
Morningstar’s Analysis OIOAX
Will OIOAX 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 32.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
RLJ Lodging Trust USD 1.95 Cum Conv Pfd Registered Shs Series -A- | 5.42 | 3.6 Mil | Real Estate |
AGNC Investment Corp Deposit Shs Repr 1/1000th Cum Conv Red Pfd Shs Series | 4.35 | 2.9 Mil | Real Estate |
Armada Hoffler Properties Inc Series A | 3.62 | 2.4 Mil | Real Estate |
Summit Hotel Properties Inc PRF PERPETUAL USD 25 - Ser F | 3.42 | 2.3 Mil | Real Estate |
KKR Real Estate Finance Trust Inc 6.50% PRF PERPETUAL USD 25 | 3.33 | 2.2 Mil | Real Estate |
Annaly Capital Management Inc Cum Conv Red Pfd Registered Shs Series -F- | 2.83 | 1.9 Mil | Real Estate |
EPR Properties 5.70% PRF PERPETUAL USD 25 - Ser G | 2.57 | 1.7 Mil | Real Estate |
DigitalBridge Group Inc Cum Conv Red Perp Pfd Shs Series -J- | 2.53 | 1.7 Mil | Real Estate |
Diamondrock Hospitality Co 8.25% PRF PERPETUAL USD 25 - Ser A | 2.45 | 1.6 Mil | Real Estate |
Pebblebrook Hotel Trust 6.30% PRF PERPETUAL USD - Ser F | 2.41 | 1.6 Mil | Real Estate |