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.
- NAV / 1-Day Return 8.74 / 0.23 %
- Total Assets 67.6 Mil
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Adj. Expense Ratio
- 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 2.90%
- Effective Duration 1.70 years
Morningstar’s Analysis PWRAX
Will PWRAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 0
- Bond Holdings 0
- Other Holdings 9
- % Assets in Top 10 Holdings 97.9