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.
Robinson Opportunistic Income Instl RBNNX
- NAV / 1-Day Return 9.75 / −0.10 %
- Total Assets 10.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 2.180%
- Distribution Fee Level High
- Share Class Type Institutional
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 3.72%
- Effective Duration 0.16 years
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0
Morningstar’s Analysis RBNNX
Will RBNNX 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 43.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
PGIM Short Duration High Yield Opps | 5.00 | 584,805 | — |
Brookfield Real Assets Income Fund Inc. | 4.94 | 577,757 | — |
Western Asset Diversified Income Fund | 4.82 | 564,000 | — |
Virtus Convertible & Income Fund | 4.78 | 559,750 | — |
ClearBridge Energy Midstream Opportunity | 4.48 | 523,800 | — |
Blackstone Strategic Cre 2027 term ord | 4.04 | 472,712 | — |
FS Credit Opportunities Corp. | 4.03 | 471,472 | — |
Flah & Crum Dynamic Pref & Income Fund | 3.95 | 462,547 | — |
Saba Capital Income & Opportunities Fund | 3.89 | 455,206 | — |
PGIM High Yield Bond Fund, Inc. | 3.87 | 453,462 | — |