Skip to Content
Morningstar

Donoghue Forlines Tactical Income A PWRAX

Morningstar Medalist Rating
Medalist Rating as of | See Donoghue Forlines Investment Hub
  • NAV / 1-Day Return 8.65  /  0.00
  • Total Assets 66.9 Mil
  • Adj. Expense Ratio
    2.100%
  • Expense Ratio 2.100%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.72%
  • Effective Duration 1.70 years

USD | NAV as of Sep 30, 2023 | 1-Day Return as of Sep 30, 2023, 12:17 AM GMT+0

Morningstar’s Analysis PWRAX

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

People Pillar

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

Weakness in Donoghue Forlines Tactical Income A's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PWRAX

More PWRAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 9
  • % Assets in Top 10 Holdings 97.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SPDR® Blmbg High Yield Bd ETF

26.97
10,841,640
—

BlackRock Floating Rate Income Instl

25.19
10,127,497
—

SPDR® Blmbg ST HY Bd ETF

16.99
6,828,424
—

SPDR Blackstone Senior Loan ETF

13.76
5,530,544
—

Global X S&P 500® Quality Dividend ETF

4.99
2,006,806
—

FCF US Quality ETF

4.99
2,006,520
—

Donoghue Forlines Yld Enhd Rl Ast ETF

4.99
2,006,245
—

Cash

1.19
477,569
Cash and Equivalents

Fidelity® Inv MM Fds Government I

0.93
373,700
Cash and Equivalents