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Morningstar

PIA High Yield Institutional PHYSX

Morningstar Medalist Rating
Medalist Rating as of | See Pacific Income Advisers (PIA) Investment Hub
  • NAV / 1-Day Return 9.02  /  +0.11 %
  • Total Assets 63.5 Mil
  • Adj. Expense Ratio
    0.860%
  • Expense Ratio 0.860%
  • Distribution Fee Level High
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 7.48%
  • Effective Duration 2.90 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis PHYSX

Will PHYSX outperform in 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 PHYSX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PHYSX 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 PHYSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin PIA High Yield Institutional's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PHYSX

More PHYSX 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
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TMS International Corp 6.25%

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Verde Purchaser LLC 10.5%

1.46 899,502
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TransMontaigne Partners LLC 6.13%

1.42 877,058
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Neon Holdings Inc 10.13%

1.41 870,599
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Railworks Holdings LP / Railworks Rally Inc. 8.25%

1.34 826,113
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Park-Ohio Industries, Inc. 6.63%

1.34 823,800
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Rain Carbon Inc 12.25%

1.32 813,442
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