Morningstar

Optima Strategic Credit Fund Founders Class OPTCX

Morningstar Medalist Rating
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Medalist Rating as of See Optima Asset Management Investment Hub
  • NAV / 1-Day Return $9.77  /  0.00
  • Fund Size $45.9M
  • Adjusted Expense Ratio 1.400%
  • Net Expense Ratio 1.930%
  • Fee Level: Distribution High
  • Share Class Type No Load
  • Morningstar Category Intermediate Core-Plus Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $10,000
  • Investment Status Open
  • TTM Yield 2.65%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis OPTCX

Will OPTCX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable OPTCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the OPTCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of OPTCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Optima Strategic Credit Founders holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

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Portfolio Holdings OPTCX

More OPTCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Treasury Obligs X

93.82 29M
Cash and Equivalents

MARKIT CDX.NA.HY.45 12/30 (SELL PROTECTION)

8.77 3M
Derivative

iShares iBoxx $ High Yield Corp Bd ETF

5.32 2M
—

U.S. Bank Money Market Deposit Account

0.82 250,000
Cash and Equivalents

US DOLLARS

−0.01 −3,045
Cash and Equivalents

Cash Offset

−8.72 −3M
—

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